Bitcoin price remains below all-time high, potential drop to $78,000 predicted by Peter Brandt.

From Investing.com
December 30, 2024 09:00:29 AM:

The price of Bitcoin remains below its all-time high as the year comes to a close, up 128% since the start of 2024. The trend of declines in December affects institutions like BlackRock and Fidelity, shattering hopes of a six-figure Bitcoin price by year-end. Renowned trader Peter Brandt predicts a head-and-shoulders pattern forming on the Bitcoin chart, potentially leading to a $78,000 BTC price. This would mean a 17% drop but could close an important price gap on the CME.

Read more at Investing.com: New Bitcoin Prediction by Peter Brandt May Shock Bulls With Bearish Reality By U.Today