Bitcoin may have peaked for this cycle, and what awaits investors could be a steep fall in the token's value.
That's from Peter Brandt, a veteran chart analyst who forecast bitcoin's price plunge in 2018.
He notes that the gain in each bitcoin bull cycle from 2009 to 2021 has declined by 20%.
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"The fact is that the bull market cycles in Bitcoin have lost a tremendous amount of thrust over the years," he said.
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