Peter Brandt Warns: Bitcoins Rise Is Not Guaranteed Yet; It Shouldnt Fall Below This Level!

2025-09-14 16:23:40 Classification：Blockchain Query read(9)

Bitcoin broke new records last night after a long period. While talk of a rally intensified with the new ATH,Top ten virtual currency trading platform apps veteran analyst Peter Brandt issued a warning to investors.

50-year analyst Peter Brandt claimed that although he expects a long-term rise in Bitcoin, the rise is not yet guaranteed.

At this point, Brandt stated that $107,000 is very critical and warned that a drop below $107,000 could completely change the scenario for BTC.

The analyst warned that a collapse could occur if the $107,000 support fails.

While the recent rally in Bitcoin is encouraging, Brandt said there is an expanding inverted triangle on the BTC chart and $107,000 is critical.

Theres nothing special about the Bitcoin chart. An expanding inverted triangle has a higher bearish rate compared to a formation like a horizontal pennant.

Im still long Bitcoin. However, a drop below 107,000 could invalidate the uptrend.

An expanding inverted triangle is a pattern in which price fluctuations widen over time, creating a megaphone-shaped pattern of rising highs and falling lows. It is generally considered a bearish trend, signals market instability, and could lead to a crash.

There is nothing special about this chart. An expanding inverted triangle has a higher rate of morphing or mortality than a pattern such a horizontal pennant. Nevertheless I am long BTC. A decline below 107000 would suggest morphology $BTC pic.twitter.com/TsfmT4mQud

— Peter Brandt (@PeterLBrandt) July 9, 2025

Disclaimer：

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.