Veteran Trader Predicts Bitcoin Price Decline to $54K
ByAinvest
Saturday, Feb 7, 2026 11:55 am ET1min read
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Veteran commodities trader Peter Brandt predicts Bitcoin will fall to $54,000, citing a bearish channel and potential price bottom between August and October. He also questions whether investors in Strategy, a Bitcoin treasury company, can hold on for the ride, given the company's Bitcoin holdings briefly went underwater during the recent drawdown.
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