"Parabolic trend in Bitcoin has been broken, there is an expectation of a decline."

Veteran Trader Peter Brandt's Warning

Bitcoin has broken its growth parabola, warns veteran investor Peter Brandt, who indicated that prices could drop to 25,000 dollars. Historically, Bitcoin bull cycles have often resulted in diminishing returns, with significant pullbacks following record peaks.

Price Movement in the Last Cycle

In the current cycle, Bitcoin prices rose to 126,000 dollars and then declined below 90,000 dollars. This process resulted in the break of the parabolic trend.