Peter Brandt Warns Bitcoin Investors! Direction Down or Up?

Fed chairman Jerome PowellAfter the hawkish statements of . bitcoindropped below $25,000.

BTC At the time of writing, it stands at $24,940.

Seasoned analyst as investors wait for BTC to rise now Peter BrandtBad news came from.

Peter Brandt, who warned investors about the decline, stated in a new post on Twitter that the direction of Bitcoin may be down for now.

It is not clear whether Brandt meant the short term or the medium term with the word now, stating that the direction is only down for now.

Hinged to downside for now. https://t.co/cn9o2PHlvN pic.twitter.com/xItTCyAVmc

— Peter Brandt (@PeterLBrandt) June 14, 2023

While Peter Brandt warned of a drop in Bitcoin price, BTC dominance reached its highest level in the last two years.

*Not investment advice.