Veteran Trader Peter Brandt Hints At Bitcoin Price Crash To $70K, What's Next?
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Bitcoin is experiencing market uncertainty with prices slipping below $86,000. Veteran trader Peter Brandt suggests a potential price crash to $70,000, while investors await the US PCE inflation data that could influence market sentiment and Federal Reserve rate cut plans.
March 28, 2025 | 7:15 am
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Bitcoin price might experience a significant pullback to $70,000-$76,700 range based on Peter Brandt's analysis, influenced by upcoming PCE inflation data.
Peter Brandt's technical analysis suggests potential selling pressure, compounded by market uncertainty around inflation data. Current price volatility and declining futures open interest support a bearish short-term outlook.
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