Bitcoin's Healthy Correction: Will the Fall Continue

Will Bitcoin continue to fall? Analysts call it 'healthy adjustment'

Analyst Peter Brandt said of Bitcoin's recent decline: "This is a healthy correction. Bitcoin is currently in a big bull trend." He said.

Today, the price of Bitcoin fell back to around the $60,700 level, with investors speculating whether the decline will continue.

Senior analyst Brandt said that Bitcoin is undergoing a healthy adjustment. He pointed out that Bitcoin may fall to $58,000 in the short term, but in the long term, it is still in a big bull trend.

Brandt has previously predicted that Bitcoin could rise to $200,000. He set a time point in August/September 2025 when this level might occur.

Bitcoin’s decline is believed to be influenced by future interest rate decisions from central banks, particularly those from the Federal Reserve. Investors tend to be risk averse when faced with short-term macro uncertainty. This has put selling pressure on risk assets and stocks such as Bitcoin. On the other hand, outflows from Bitcoin ETFs also increased selling pressure.

The market is currently turbulent, and a violent bull market is about to come. Walking alone is lonely. Sister Hei’s small circle welcomes everyone to join, work together, and get rich together!

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