Bitcoin Bull Run: Past Its Prime, Or Poised For A Correction? Analyst Raises Eyebrows

Famed trader Peter Brandt has thrown a wrench into the gears of Bitcoin’s celebratory parade. In a recent analysis titled “Does history make a case that Bitcoin has topped?”, Brandt throws cold water on the idea of a limitless price surge, suggesting the cryptocurrency might be nearing the summit of its current bull run. Bitcoin And The Exponential Dampener Brandt’s analysis hinges on the concept of “exponential decay.” He dissects Bitcoin’s history, identifying four distinct bull cycles, with the current …