Welcome DT News

  • CONTACT
  • ABOUT US
Deythere
  • Home
  • News
    BTC and ETH ETF
    NewsBitcoinEthereumMarket

    Why Bitcoin and Ethereum ETFs Are Seeing Unprecedented Institutional Inflows in 2025

    Bitcoin and Ethereum ETFs just logged their strongest week on record, pulling…

    By
    Jonathan Swift
    October 7, 2025
    image 90
    CryptoNewsSponsored Article
    Bonk Price Prediction 2025: Will BONK Moon to $0.00005, as MoonBull Ignites the Best Crypto Presales to Buy Now?
    October 7, 2025
    image 83
    CryptoNewsSponsored Article
    Top Meme Coin to Buy Now? Analysts Highlight MoonBull’s Explosive Presale Growth as Brett and Bonk Heat Up
    October 7, 2025
    image 80
    CryptoNewsSponsored Article
    Could MoonBull Be the Next Breakout Story? The Best Crypto to Watch in 2025 with 11,800% ROI as Hedera and Ethereum Roar
    October 6, 2025
    Why Bitcoin's $125K Breakout is the Ultimate Red Flag for Fiat
    NewsBitcoinCryptoMarket
    Why Bitcoin’s $125K Breakout is the Ultimate Red Flag for Fiat
    October 6, 2025
  • Cryptocurrency
    BTC and ETH ETF
    Why Bitcoin and Ethereum ETFs Are Seeing Unprecedented Institutional Inflows in 2025
    6 Min Read
    image 90
    Bonk Price Prediction 2025: Will BONK Moon to $0.00005, as MoonBull Ignites the Best Crypto Presales to Buy Now?
    10 Min Read
    image 83
    Top Meme Coin to Buy Now? Analysts Highlight MoonBull’s Explosive Presale Growth as Brett and Bonk Heat Up
    8 Min Read
    image 80
    Could MoonBull Be the Next Breakout Story? The Best Crypto to Watch in 2025 with 11,800% ROI as Hedera and Ethereum Roar
    9 Min Read
    Why Bitcoin's $125K Breakout is the Ultimate Red Flag for Fiat
    Why Bitcoin’s $125K Breakout is the Ultimate Red Flag for Fiat
    7 Min Read
    Best Altcoins in October 2025: Market Leaders, Risks, and Price Forecasts
    Best Altcoins in October 2025: Market Leaders, Risks, and Price Forecasts
    10 Min Read
    Previous Next
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Reading: Shocking Bitcoin Warning from Veteran Analyst: Could It Drop Below $80,000?
Share

[ccpw id=”7831″]

DeythereDeythere
Font ResizerAa
  • Home
  • Crypto
  • Market
  • News
  • Blockchain
  • Contact
Search
  • Home
  • News
  • Cryptocurrency
  • Pages
    • Contact Us
    • Customize Interests
    • My Bookmarks
Have an existing account? Sign In
Follow US
© DT News. All Rights Reserved.
Deythere > News > Crypto > Shocking Bitcoin Warning from Veteran Analyst: Could It Drop Below $80,000?
CryptoMarketNews

Shocking Bitcoin Warning from Veteran Analyst: Could It Drop Below $80,000?

Bitcoins potential price drop. The scene shows a Bitcoin coin breaking apart with a bright red do
Alessia Moretti
Last updated: December 31, 2024 4:17 pm
By
Alessia Moretti
Published December 31, 2024
2 Min Read
Share

Experienced investor Peter Brandt has issued a serious warning about Bitcoin (BTC), suggesting the potential for a significant price decline. In a recent statement shared on X (formerly Twitter), Brandt highlighted a critical head and shoulders pattern forming in Bitcoin’s chart. This classic bearish formation could drive Bitcoin’s price below $80,000, raising concerns among investors.

Contents
  • Head and Shoulders Pattern Signals Trouble
  • Past Patterns Have Led to New Highs
  • Current Market Status

Head and Shoulders Pattern Signals Trouble

According to Peter Brandt, Bitcoin’s current chart pattern resembles a head and shoulders top. If this formation plays out, the price of Bitcoin could fall as low as $78,000. While this prediction has sparked anxiety among traders, Brandt also acknowledged the possibility that the pattern might not be fully realized. In such a case, Bitcoin’s price could reverse and resume an upward trajectory.

Past Patterns Have Led to New Highs

Brandt reminded his audience that Bitcoin has exhibited similar chart patterns in the past, which ultimately led to new all-time highs. This historical context suggests that Bitcoin might still have the potential to defy bearish signals. He also mentioned the “Hump Slump Bump Dump Pump” pattern, which has historically caused market volatility but sometimes paved the way for recovery.

Despite these possibilities, Brandt expressed skepticism regarding the broader expectations of cryptocurrencies. He warned that platforms like Bitcoin and Solana (SOL), often viewed as tools for economic fairness, may disappoint investors. “Younger generations, like Millennials and Gen Z, believe crypto will deliver economic justice. Those acting on this belief may face significant disappointment,” Brandt stated.

Bitcoins potential price drop below 80000. The scene features a Bitcoin coin with a downward trend line overlaid

Current Market Status

At the time of writing, Bitcoin is trading at $94,190, reflecting a 1.4% decrease in the last 24 hours. The market remains volatile, and Brandt’s cautionary insights emphasize the importance of vigilance. Investors are advised to monitor market trends closely and make informed decisions.

Dey There encourages readers to approach cryptocurrency investments with caution, staying aware of potential risks and opportunities. The ever-changing dynamics of the crypto market require careful consideration, especially during times of uncertainty.

Advertising

For advertising inquiries, please email . [email protected] or Telegram

Trump’s Victory Sparks Crypto Market Surge! Whale Influence on Ethereum

‘We’re Talking to China,’ Says Trump — Markets Brace for What’s Next

MoonBull Tops Viral Meme Coin Watchlist for 2025 with Explosive Presale ROI as Pudgy Penguins and SPX6900 Beat Trends

Why Is MicroStrategy Doubling Down with 11,000 More BTC?

Stablecoin Bill Gains Bipartisan Support—Major Crypto Shift Ahead?

TAGGED:BitcoinBitcoin warninghead and shoulders patternPeter Brandt

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Email Copy Link Print
ByAlessia Moretti
Alessia Moretti is a blockchain and cryptocurrency analyst with 7 years of experience in the field. With a strong foundation in economics and a passion for technology, Alessia has been involved in a variety of international blockchain projects, focusing on the development of decentralized applications and financial products. Her work is characterized by a deep understanding of both the technical and economic aspects of blockchain technology. At DT NEWS, Alessia provides readers with in-depth analysis of global blockchain trends and market movements, helping them stay informed about the future of digital finance.
Previous Article Dogecoin's Path to $5: Will DOGE Break $1 in 2025 and $3 by 2028? Dogecoin’s Path to $5: Will DOGE Break $1 in 2025 and $3 by 2028?
Next Article the predicted transformation of the crypto market in 2025. The scene includes glowing Bitcoin and stablecoin symbol What Will Happen in the Crypto Market in 2025? Franklin Templeton Shares Key Insights
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Subscribe to our newslettern

Get Newest Articles Instantly!

Popular News
crypto 2024
Crypto Derivatives Market Heats Up as Innovative Products Emerge
crypto approval
Blockchain Revolutionizes Energy Markets with Decentralized Trading Platforms
crypto news
Cutting-Edge Mining Technologies Drive Efficiency in Cryptocurrency Production
crypto 2024 1200x720
Decentralized Identity Emerges as a Catalyst for Data Privacy Renaissance
space
Tech Giant Announces Breakthrough in Quantum Computing
worldwide protest
Worldwide Protests Demand Action on Climate Change
global
Global Economic Forecast Reveals Slow Recovery Post-Pandemic
solar power
Revolutionary Solar Power Technology Unveiled

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
Deythere

DT News influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Menu

  • Home
  • News
© DT News. All Rights Reserved.
Banner 1
Banner 2
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

  • English
  • Português (Portuguese)