Coinspeaker
Peter Brandt Validates Possible $70,000 Bitcoin Price Prediction
The price of Bitcoin
BTC
$85 040
24h volatility:
2.1%
Market cap:
$1.69 T
Vol. 24h:
$31.19 B
has dropped below $86,000, raising concerns about further declines. In his X post, legendary trader Peter Brandt has weighed in on the situation, acknowledging that a fall to $70,000 is a reasonable expectation. This decline comes as traders and investors look forward to the US PCE inflation report, which could influence the market’s direction.
Bitcoin Under Pressure as Investors Await Inflation Report
Current market data shows that the price of Bitcoin is down by over 2.86% in the past 24 hours. According to CoinMarketCap, Bitcoin has been tradin
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