Veteran trader Peter Brandt predicts Bitcoin could rally to $200K in the next bull market.
The bullish prediction comes after dire warning about major Bitcoin price crash to $58K.
Bitcoin price falling since forming a death cross chart pattern after multiple headwinds.
Bitcoin price’s fall is in accordance with the historical bull and bear market cycle. According to the 4-year cycle and historical peak patterns, we are now in a bear market. Crypto market participants are in panic, but experts such as veteran trader Peter Brandt predict Bitcoin could rally to at least $200K in the next bull