Veteran Trader Peter Brandt Cautions About Potential “Concealed” Decline for Bitcoin – Reasons Explained

Bitcoin has fallen to $107,177, dipping below the $108,000 support level as selling pressure increases. Experienced trader Peter Brandt cautions about a potential 75% decline to $27,290 from recent peaks of $112,000.

He observes that the drop below the ascending channel and the formation of lower highs resembles the 2022 bear market when Bitcoin fell from $69,000 in late 2021.

NEW: Peter Brandt suggests a 75% #Bitcoin crash could repeat — but crypto analysts are skeptical. pic.twitter.com/h8cAB5IQXE

— Coinpaper (@coinpapercom) June 12, 2025

Brandt’s caution extends beyond technical analysis. He highlights a weakening market structure and sentiment as critical supports falter. This has heightened investor unease, particularly against the backdrop of broader macroeconomic and geopolitical factors.

Geopolitical Tensions Heighten Market Risks; Bitcoin Faces Pressure

Global conflicts are exacerbating the situation. Reports indicate that Israel is preparing to strike Iran, contributing to a risk-averse sentiment. The Russia-Ukraine conflict has intensified with drone attacks on Kharkiv, increasing investor wariness.

Although uncertainty typically drives demand for safe-haven assets, Bitcoin is not attracting the usual flows associated with such assets. It is declining alongside other risk assets.

BREAKING:
Israel is fully prepared to initiate an operation against Iran, and the US expects Iran may retaliate by targeting American assets in Iraq – CBS news
Israel has cautioned Lebanon that if Hezbollah reacts to Israeli strikes on Iran, Israel will respond. pic.twitter.com/e318qBmDnM

— Current Report (@Currentreport1) June 12, 2025

Despite the prevailing risk-off sentiment, US Bitcoin ETFs recorded $164.57 million in net inflows on Wednesday. GameStop has accumulated 4,700 BTC since May, and Mercurity Fintech aims to raise $800 million for a BTC treasury reserve. However, institutional demand has not yet countered the broader market pressures.

Bitcoin Technical Breakdown Puts Bears in Control

From a technical standpoint, the Bitcoin price outlook appears bearish as BTC has broken below the trendline and the 50-period EMA ($107,985), which is evident. The MACD indicates a bearish crossover and an expanding gap, suggesting downward momentum.

Rejection candles from $110,376 and lower highs have established a short-term bearish pattern.

Bitcoin Price Chart – Source: Tradingview

BTC is currently testing immediate support at $106,401. Should that level fail, further declines to $105,180 or $104,026 are likely.

The market stands at a pivotal point, facing either a decline to Brandt’s $27,000 target or a brief rebound due to institutional accumulation.

Trade Setup for Short Sellers:

• Entry: Short on rejection near $108,000
• Stop-loss: Above $108,800 (above EMA)
• Target 1: $106,400
• Target 2: $105,180
• Risk Level: 6/10

Summary

Bitcoin’s price movements are undermining its technical framework and present significant bearish risks. With macroeconomic challenges, geopolitical tensions, and a veteran trader’s warning, BTC may be on the verge of a more substantial correction.

Monitor levels closely and prepare for increased volatility. The market is delicate; a breach below $106,000 could signal the beginning of a larger shift.

BTC Bull Token Approaches $8.1M Cap as 58% APY Staking Draws Last-Minute Investors

With Bitcoin trading around $107K, investor attention is turning to altcoins, particularly BTC Bull Token ($BTCBULL). The project has raised $7,103,849.89 out of its $8,153,354 cap, leaving under $1 million before the next token price increase. The current price of $0.00256 is anticipated to rise once the cap is reached.

BTC Bull Token ties its value directly to Bitcoin through two primary mechanisms:

• BTC Airdrops reward holders, with presale participants receiving priority.
• Supply Burns occur automatically every time BTC increases by $50,000, decreasing $BTCBULL’s circulating supply.

The token also offers a 58% APY staking pool containing over 1.81 billion tokens, providing:

The token also features a 61% APY staking pool holding over 1.73 billion tokens, offering:

• No lockups or fees
• Full liquidity
• Stable passive yields, even in volatile markets

This staking model is appealing to both DeFi veterans and newcomers seeking passive income opportunities.

With only hours remaining and the hard cap nearly achieved, momentum is rapidly increasing. BTCBULL’s combination of Bitcoin-linked value, scarcity mechanics, and flexible staking is driving strong interest. Early investors have a limited window to participate before the next pricing tier is activated.

The post Bitcoin Price Prediction: Veteran Trader Peter Brandt Warns of “Hidden” Collapse for BTC – Here’s Why appeared first on Cryptonews.