Analyst Peter Brandt: No imminent crash, but the pace of Bitcoin's rise may slow down.
Veteran analyst Peter Brandt expressed a striking opinion regarding Bitcoin's long-term trend, denying the hypothesis of an imminent crash, but he did not rule out the cryptocurrency entering a slower growth phase.
In a post dated July 13, Brandt noted that the structure of Bitcoin does not show signs of failure, despite nearing a critical phase within the long-term price path.
He based his analysis on an equivalent regression model covering the entire history of the currency, raising questions among followers about the realism of achieving greater highs without massive capital inflows.
One follower commented that any major rise would require trillions of dollars, which Brandt considered unlikely unless a comprehensive restructuring of the global reserve currency framework occurs.
He added:
I think we are approaching the peak of this advance.
Although the price curve remains within its upward range, Brandt believes that future gains may become slower and more tied to macroeconomic shifts.
Reaching new peaks will depend on the amount of available capital and the market's willingness to continue pushing the price to higher levels.
On the other hand, some investors indicate that the accumulation of Bitcoin has become more costly and less feasible, especially with the entry of investment institutions and trading funds, which acquire limited amounts for huge sums.
This trend adds doubts about the market's ability to achieve rapid jumps as it did previously.
Despite all this, Brandt does not see signs of an imminent crash.
He believes that the price of Bitcoin may be on the verge of entering a new, less aggressive phase of the cycle, more connected to broader economic factors.
Brandt sparked controversy in May with a poll on platform X, asking followers about their preferences between investing in XRP or Solana.
While some expressed optimism about Solana's recent performance, Brandt clarified that he considers factors beyond just price movement.