Peter Brandt Warns Bitcoin Dip to $50K–$60K Ahead of ATH
Veteran trader Peter Brandt predicts Bitcoin may briefly retest its $125,100 all-time high before a corrective pullback to $50,000–$60,000. He outlines two scenarios: a rapid washout followed by a fresh ATH within days or a parabolic structure breakdown triggering a deeper decline. Last week’s US announcement of 100% tariffs on Chinese imports spurred over $19 billion in crypto liquidations, sending BTC from $121,000 down to $102,000 before rebounding to $112,400.
Capital-risk advocate Charles Edwards and Brandt both warn against high leverage, noting even 1.5× margin can be unsafe amid weekend volatility. Meanwhile, industry veterans Arthur Hayes, Pav Hundal and Lyn Alden point to supportive macro conditions—ending quantitative tightening, potential Fed rate cuts and improved liquidity—as catalysts for a bullish cycle. Traders should watch market volatility, on-chain data and leverage levels for optimal entry points.
Bearish
Peter Brandt’s warning of a potential Bitcoin pullback to $50,000–$60,000 signals short-term bearish pressure, as traders may exit positions during a rapid washout or parabolic breakdown. The recent $19 billion in liquidations after US tariff news underscores the risks of high leverage in volatile conditions. However, supportive macro factors—ending quantitative tightening, possible Fed rate cuts and increased liquidity—could underpin a medium- to long-term bullish cycle. Traders may face a choppy market ahead but should prepare for buying opportunities if Bitcoin holds key support and on-chain indicators improve.