Veteran trader Peter Brandt predicts Bitcoin won’t hit $200,000 by year-end, but rather in Q3 2029, contrasting with bullish forecasts from other crypto execs expecting $1 million by 2030. Bitcoin is down 20.23% over the past month, dropping from $125,100 to $86,870 at the time of publication. Brandt sees the current market pullback as beneficial for Bitcoin, comparing it to the 1970s soybean market. Charles Edwards notes unprecedented institutional selling of Bitcoin.

Read more at Cointelegraph: Bitcoin Will Not Tap $200K Until Q3 2029: Peter Brandt