Veteran Trader: Bitcoin may hit all-time highs next week, but it will face a major correction before then
2025-10-15 04:53:06
On October 15th, Peter Brandt, a well-known trader and chart analyst, said that Bitcoin may regain its all-time high of $125,100 next week, but will experience a major correction before that. At the same time, he did not rule out a more pessimistic trend in the market. "Maybe it will fall below the parabolic support, and every time this has happened in the past, the price will fall by 75%. I think the era of 80% decline is over, but maybe it will return to 50,000 to 60,000 dollars."
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