Bitcoin Price Prediction: Veteran Trader Peter Brandt Warns of “Hidden” Collapse for BTC – Here’s Why
Bitcoin has dropped to $107,177, below the $108,000 support as selling pressure mounts. Veteran trader Peter Brandt is warning of a 75% correction to $27,290 from recent highs of $112,000. He notes that the breakdown bel...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin has dropped to $107,177, below the $108,000 support as selling pressure mounts. Veteran trader Peter Brandt is warning of a 75% correction to $27,290 from recent highs of $112,000.
He notes that the breakdown below the ascending channel and series of lower highs is similar to the 2022 bear market when Bitcoin dropped from $69,000 in late 2021.
NEW: Peter Brandt hints at a 75% #Bitcoin crash repeat — but crypto analysts aren’t buying it. pic.twitter.com/h8cAB5IQXE
— Coinpaper (@coinpapercom) June 12, 2025Brandt’s warning isn’t just technical. He points to deteriorating market structure and sentiment as key supports fail. This has amplified investor anxiety, especially with the broader macro and geopolitical backdrop.
Geopolitical Tensions Intensify Market Risks; Bitcoin Under PressureGlobal conflicts are fueling the fire. Reports of Israel preparing to strike Iran have caused risk-off sentiment. The Russia-Ukraine war has escalated with drone strikes on Kharkiv, deepening investor caution.
While uncertainty usually boosts safe-haven assets, Bitcoin is not capturing traditional safe-haven flows. It’s weakening along with broader risk assets.
BREAKING:
Israel is fully prepared to launch an operation against Iran, and the US anticipates Iran could respond by striking American assets in Iraq – CBS news
Israel has warned Lebanon that if Hezbollah responds to Israeli strikes on Iran, Israel will retaliate. pic.twitter.com/e318qBmDnM
Despite the risk-off tone, US Bitcoin ETFs saw $164.57 million in net inflows on Wednesday. GameStop added 4,700 BTC since May, and Mercurity Fintech plans to raise $800 million for a BTC treasury reserve. But institutional demand hasn’t yet offset broader market pressure.
Bitcoin Technical Breakdown Weighs on BearsTechnically, the Bitcoin price prediction appears bearish amid BTC’s breakdown below the trendline and the 50-period EMA ($107,985), which is clear. MACD confirms with a bearish crossover and widening gap, indicating downward momentum.
Rejection candles from $110,376 and lower highs have formed a near-term bearish pattern.
Bitcoin Price Chart – Source: TradingviewBTC is testing immediate support at $106,401. If that fails, further declines to $105,180 or $104,026 are more likely.
The market is at a crossroads, either a breakdown to Brandt’s $27,000 target or a short-lived bounce on institutional accumulation.
Trade Setup for Short Sellers:
- Entry: Short on rejection near $108,000
- Stop-loss: Above $108,800 (above EMA)
- Target 1: $106,400
- Target 2: $105,180
- Risk Level: 6/10
Bitcoin’s price action is weakening its technical structure and poses high bear risk. With macro headwinds, geopolitical tensions, and a veteran trader’s warning, BTC may be starting a bigger correction.
Watch levels closely and be prepared for more volatility. The market is fragile; a break below $106,000 could be the start of a bigger move.
BTC Bull Token Nears $8.1M Cap as 58% APY Staking Attracts Last-Minute BuyersWith Bitcoin trading near $107K, investor focus is shifting toward altcoins, especially BTC Bull Token ($BTCBULL). The project has now raised $7,103,849.89 out of its $8,153,354 cap, leaving less than $1 million before the next token price hike. The current price of $0.00256 is expected to increase once the cap is hit.
BTC Bull Token links its value directly to Bitcoin through two core mechanisms:
- BTC Airdrops reward holders, with presale participants receiving priority.
- Supply Burns occur automatically every time BTC increases by $50,000, reducing $BTCBULL’s circulating supply.
The token also features a 58% APY staking pool holding over 1.81 billion tokens, offering:
The token also features a 61% APY staking pool holding over 1.73 billion tokens, offering:
- No lockups or fees
- Full liquidity
- Stable passive yields, even in volatile markets
This staking model appeals to both DeFi veterans and newcomers seeking hands-off income.
With just hours left and the hard cap nearly reached, momentum is building fast. BTCBULL’s blend of Bitcoin-linked value, scarcity mechanics, and flexible staking is fueling strong demand. Early buyers have a limited time to enter before the next pricing tier activates.
The post Bitcoin Price Prediction: Veteran Trader Peter Brandt Warns of “Hidden” Collapse for BTC – Here’s Why appeared first on Cryptonews.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
XRP Price Prediction: XRP Risks $0.97 as Price Remains Trapped Below Key EMAs
The weakness has left the XRP price vulnerable to another decline, with technical levels around $0.99 and $0.97 emerging as import...
Ethereum (ETH) Price Prediction: ETH Volatility Compression Builds as Bulls Target $2,500 Recovery
Ethereum price has remained stuck in a tight trading range as volatility continues to fade, leaving traders waiting for the next m...
Worldcoin (WLD) Price Prediction: Ascending Triangle Signals Potential $0.40 Breakout Amid Grayscale ETF Filing and Supply Cuts
The improving setup comes as several fundamental developments have changed the backdrop for WLD. Grayscale has filed with the U.S....
Bitcoin Price Prediction: BTC AI Trade Driving BTC Forecasts
Bitcoin price prediction shows it trading at $62,800, down -1.4% on the day, holding a range that’s frustrated bulls and bears ali...
XRP Price Prediction: Wells Fargo Disclosed Millions in XRP Holding
XRP price trades near $1.00, remaining near the key level that separates confidence from doubt for its prediction. That flatline h...
Bitcoin (BTC) Price Prediction: Bullish RSI Divergence Signals Potential Rebound Toward $65.5K
A bullish divergence on the one-hour chart has drawn attention as the Bitcoin price remains near a key support area, although broa...