Senior Trader: Bitcoin may hit ATH next week, but will face a significant correction beforehand

ChainCatcher news, renowned trader and chart analyst Peter Brandt stated that Bitcoin may reclaim its historical high of $125,100 next week, but will experience a significant pullback before that. He also does not rule out a more pessimistic market trend, saying, "It may break the parabolic support, and every time this has happened in the past, the price has dropped by 75%. I believe the era of an 80% drop is over, but it may return to $50,000 to $60,000."