Peter Brandt warns that Bitcoin is at risk of significant declines due to a bearish reversal pattern. Currently trading at approximately 97,500 USD, critical support lies at 90,000 USD, with a drop to 70,000 USD imminent if breached.
With Bitcoin’s future direction uncertain, it may fall to around 76,614 USD if key support fails. Investors should monitor developments closely, as volatility increases the likelihood of unpredictable market shifts.