Bitcoin may suffer several corrections on its way to $200k, suggests Peter Brandt

Peter Brandt, veteran trader and author of “Diary of a Professional Commodity Trader,” pointed out that while Bitcoin’s (BTC) price could reach $200,000, history shows that it’s prone to massive corrections of 30% or more.
To read the rest of this article, join CryptoSlate Edge. Have an account? Sign In.
Join CryptoSlate Edge for in-depth market analysis and curated industry insights
Sign up for CryptoSlate Edge for thoughtful market analysis, compelling stories and curated crypto insights at an affordable price. These articles will not be published anywhere else.
In-depth market analysis
We dive deep into what the thought leaders are saying about the crypto market.
Curated industry insights
Gain an analytical edge from our world-class team of journalists who curate knowledge from the top crypto analysts.
Hide all advertisements
We hide all advertisements from CryptoSlate Edge subscribers.
Support independent journalism
We are guided by a strict editorial policy that emphasizes objectivity and transparency.