Key Notes

Though Bitcoin struggles below $110,000, Peter Brandt says it could trade at $250,000.

He clarified that the prediction is a matter of possibilities and not probability or certainty.

On the flip side, Brandt noted that BTC can also make a bearish turn towards $60,000.

Although Bitcoin BTC $107 975 24h volatility: 0.4% Market cap: $2.15 T Vol. 24h: $110.07 B is currently facing a rough path, top trader Peter Brandt recently noted that the coin has a chance to hit $250,000. He noted that his prediction is not a case of probability but one of possibilities. However, the twist here is that the flagship cryptocurrency could also tilt sideways, towards a downtrend.

Possibilities of a $250,000 Bitcoin Price Mark

On Oct. 22, crypto trader Peter Brandt

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