🚨 🚨 Legendary analyst Peter Brandt issues a warning about Bitcoin (BTC)! He explained the great danger! Bitcoin experienced strong selling pressure following the US CPI data released yesterday, which slightly exceeded expectations and fell to $58,900. However, after it rose back above $60,000, legendary investor Peter Brandt predicted that BTC had a 75% chance of undergoing a correction from current levels. Bitcoin (BTC) warned its investors! Famous trader Peter Brandt, in his post from his X account, drew attention to the historical trend of Bitcoin and warned investors about the fall. Drawing attention to the concept of market analogues, Peter Brandt stated that it has been 30 weeks since Bitcoin hit its all-time high. At this point, the analyst said that if the price of BTC fails to reach a new ATH in this time frame, it is at risk of another drop, noting that it has already seen a significant drop of over 75%, as in previous examples. “Hey Bitcoiners, are you familiar with the concept of Market Analogs? This is something to think about. It has been 30 weeks since Bitcoin hit ATH. “Without a new definitive ATH during this period, a drop of over 75% has occurred.” After his post about Bitcoin, Brandt said that he was an old man and recalled an old saying: “Markets that don’t go up usually don’t go up.”