{"id":37526,"date":"2025-10-31T12:16:08","date_gmt":"2025-10-31T12:16:08","guid":{"rendered":"https:\/\/financialrush.com\/?p=37526"},"modified":"2025-10-31T12:16:08","modified_gmt":"2025-10-31T12:16:08","slug":"why-peter-brandt-expects-bitcoin-btc-to-fall","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=37526","title":{"rendered":"Why Peter Brandt Expects Bitcoin (BTC) to Fall"},"content":{"rendered":"

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Peter Brandt, a veteran trader with decades of market experience, has taken a short position in Bitcoin futures.<\/p>\n

Despite being a long-term holder of BTC, Brandt is trading against it in the short term based on technical signals that suggest further downside is possible.<\/p>\n

Broadening Pattern Indicates Risk<\/h2>\n

On the daily chart, Brandt identified<\/a> a broadening formation, sometimes referred to as a megaphone pattern. It shows five distinct swings, with the most recent top near $126,000. After this high, Bitcoin moved into a sideways range between $106,000 and $116,000 before dipping below the south boundary.<\/p>\n

<\/a>
Source: Peter Brandt\/X<\/figcaption><\/figure>\n

Currently, the price sits near $109,500, following a 2% drop in the past day and 2% over the last week. This breakdown below the range supports Brandt\u2019s short-term bearish setup. If the move continues, potential price levels to watch include $97,000 and $84,721.<\/p>\n

Order Book Shows Liquidity Above Price<\/h2>\n

Market data from Coinglass shows that most of the order book liquidity sits above the current price. The $113,000 to $116,000 range contains large clusters of limit orders and stop-losses. Rekt Fencer posted,<\/p>\n

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All $BTC<\/a> liquidity is sitting above the current price.<\/p>\n

Just one pump and shorts get wiped.<\/p>\n

Is the V-reversal loading right now? pic.twitter.com\/57OzobYCei<\/a><\/p>\n

\u2014 Rekt Fencer (@rektfencer) October 31, 2025<\/a><\/p>\n<\/blockquote>\n

A sudden move higher could trigger short liquidations, leading to a quick price bounce. Below current levels, there are fewer large orders, which may weaken support on the way down.<\/p>\n

Notably, Bitcoin has a history of large drawdowns after hitting the upper boundary of its long-term trend channel. Past rejections have led to drops of 84% and 77%. The latest chart shows another rejection near this same trendline, with a potential 73% decline if the pattern holds.<\/p>\n

Rekt Fencer added<\/a>,<\/p>\n

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\u201cEvery time Bitcoin rejects this line, it dumps 70%\u2026 Hope you are ready for $BTC at $40,000.\u201d<\/p>\n<\/blockquote>\n

A move toward that zone would match the lower boundary of the multi-year channel.<\/p>\n

\"Bitcoin<\/a>
Source: Rekt Fencer\/X<\/figcaption><\/figure>\n

Rate Cut Sparks Market Reaction<\/h2>\n

The Federal Reserve\u2019s recent 0.25% rate cut led to volatility across markets. Bitcoin briefly fell below $108,000 after Fed Chair Jerome Powell\u2019s comments<\/a>, as traders reacted to the policy shift. Some described<\/a> it as a classic \u201cbuy the rumor, sell the news<\/em>\u201d event.<\/p>\n

Meanwhile, on-chain data shows<\/a> falling BTC balances on exchanges, suggesting reduced supply. As CryptoPotato reported<\/a>, large transactions above $1 million have also reached a two-month high, which points to continued interest from large holders. However, the asset remains under pressure as short-term uncertainty persists.<\/p>\n

The post Why Peter Brandt Expects Bitcoin (BTC) to Fall<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n