Peter Brandt: Bitcoin’s Growth May Be Approaching Its Peak
Peter Brandt, a prominent financial markets analyst, responded to comments regarding the potential collapse of Bitcoin’s long-term trend by stating that the cryptocurrency has not yet shown signs of structural failure. However, he noted that it may be approaching a critical peak phase.
Using a parabolic regression model that covers the entire price history of Bitcoin, Brandt emphasized that although BTC is nearing a significant stage, its long-term upward trend remains intact.
