Peter Brandt Flags Possible Bitcoin Slide Toward $42,000 After Support Breach

Bitcoin traded sideways for most of the week after a volatile month of broader crypto market weakness, slipping just over 10%. Veteran analyst Peter Brandt warned the price could extend its decline toward $42,000, while other market participants pointed to strong institutional buying during the recent dip and outlined upside targets up to $85,000. At press time, Bitcoin changed hands at $67,711, showing a 1.59% gain in the past 24 hours.