Bitcoin is having an exciting year. The pioneer cryptocurrency hit an All-Time High (ATH) of $73,750 on March 14, 2024. The BTC price is currently at $68,379, a 7.29% slump from its recent ATH. However, legendary crypto trader Peter Brandt has pointed out Bitcoin’s 30-week ATH drought. He cautions about a 75% price drop due to increasing U.S. inflation and Exchange-traded funds (ETF) outflows. Hence, while investors anticipate a price dip in Bitcoin, the savvy ones are shifting their attention to a promising altcoin like PropiChain (PCHAIN). Currently, the platform is in its first presale stage. Join early and enjoy
The post Legendary Bitcoin Trader Predicts ‘Red Tide’ for BTC Price, Recommends this RWA Altcoin to Protect Your Portfolio appeared first on The Merkle News.
