From Investing.com: 2024-04-14 11:30:24

Bitcoin (BTC) plummeted over the weekend, dropping to $60,822 before bouncing back to $64,438. The cause of the crash is uncertain, but some speculate reduced liquidity led to the price decline. Veteran trader Peter Brandt views the drop as an “end run” on his daily chart, suggesting a completed pattern. Brandt predicts BTC could hit $200,000 by 2025. The recent correction may signal a new bullish phase for Bitcoin.

Read more at Investing.com.: Legendary Trader Peter Brandt Weighs In By U.Today