Peter Brandt Believes Further Bitcoin Decline to $49,000 Remain Possible
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Market veteran Peter Brandt warns Bitcoin could fall to $49,000, citing a weekly bear-flag technical pattern; BTC ~ $66,000 as of 27 Mar 2026. BTC has trended down since its $126,000 peak in Oct 2025, losing ~42% in the downtrend and ~47% from the all-time high, highlighting downside risk for crypto markets, traders and exchanges (technical analysis, market impact).
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Market veteran Peter Brandt believes further Bitcoin declines remain possible amid a bear flag formation on the weekly chart. Bitcoin has remained in a downtrend since its $126,000 peak in October 2025, with the price now hovering around $66,000 after losing 42% during the downtrend and 47% from its all-time high.
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