Crypto analist: mogelijke daling BTC koers naar $75k – kan Bitcoin instorten?

Now that Bitcoin is still in a downward trend, uncertainty within the crypto community is only increasing. A new statement by Peter Brandt has now only exacerbated this uncertainty. Could Bitcoin collapse towards $75,000?

The Bitcoin price is still in the red. The current value of $92,675 means the world number 1 is already down more than 6.3% from last week. Now that the technical indicators of the Bitcoin price are not giving positive signals, concerns are increasing.

Technical analysis Peter Brandt warns of Bitcoin price collapse

Well-known crypto analyst Peter Brandt recently shared his opinion about the technical foundation of Bitcoin. According to him, a Head and Shoulders (H&S) pattern has emerged. A pattern that is normally a bearish indicator.

This is a classic H&S top pattern. $BTC H&S patterns can do one of 3 things:
-Complete and trend to target
-Fail with bear trap
-Morph into larger pattern
What do you think?
I am only allowing Verified to reply. If you cannot pay a few bucks to X you don’t deserve to be heard. pic.twitter.com/9dGquEXaUs

— Peter Brandt (@PeterLBrandt) January 12, 2025

Based on this pattern, the Bitcoin price can do three things, according to Brandt. First of all, Bitcoin can complete this pattern and rise towards its target. In addition, Bitcoin could fail and enter a bear market. Finally, this pattern can develop further into a larger pattern.

If the price fails and enters a bear market, a sustained decline may occur. This decline could easily bring the Bitcoin price towards the range of $77,500 and $75,000.

Other technical indicators also bearish

In addition to the H&S pattern, Bitcoin’s other technical indicators can also be called bearish. For example, the RSI has failed to rise above 40. This is a sign that the selling pressure is still high.

In addition, the MACD histogram gives a sell signal with a value of -719. The recent drop in the BTC price has also meant that BTC is now worth less than a large portion of its EMAs. This is yet another confirmation that Bitcoin is declining and may experience further declines in the short term.

With Bitcoin potentially on the brink of collapse, investors may want to shift their attention to other promising crypto projects. A number of new projects have recently been brought to the market that bring with them the necessary potential. Below we will therefore discuss the three most promising crypto projects in more detail.

Wall Street Pepe (WEPE) – gives the small trader a chance in the crypto market

With the rise of more and more large whales and financial institutions, it is increasingly difficult for small traders to make good profits. Without the right trading insights and strategies, it is virtually impossible for newcomers to do well. However, this is now changing with the introduction of Wall Street Pepe. This project gives the small trader a fair chance.

$25M raised. Green candles. Good vibes. Frogs are pumping. pic.twitter.com/1UbCTrfIBn

— Wall Street Pepe (@WEPEToken) December 16, 2024

Wall Street Pepe can be seen as a combination of the viral Pepe coin and the trading strategies of the Wolf of Wall Street. It wants to turn its Wepe Army into the new wave of wealthy investors. To do this, it provides its users with valuable trading insights and new strategies. In this way, small traders also get a fair chance in the competitive crypto market.

Wall Street Pepe is currently still in its presale phase. Which means users have a chance to participate early and at deep discounts. The WEPE presale has already raised more than $47 million in investments. A clear sign of how popular this project has already proven. WEPE tokens currently cost $0.00036646 each. However, this price will continue to rise in each new phase of the presale.

Visit Wall Street Pepe presale

Solaxy (SOLX) – first Solana layer 2 solution

Solana is one of the largest and most widely used blockchains in the world today. But this growth in size has also led to some disadvantages. For example, Solana increasingly has to deal with overcrowded transaction channels and failed transactions. However, with the rise of Solaxy, this now needs to change. Solaxy is the first Layer 2 Solana solution.

Solaxy wants to solve all the disadvantages of the Solana blockchain and thereby provide its users with the best possible blockchain. It also wants to combine the liquidity of the Ethereum blockchain with the efficiency of the Solana blockchain. In this way it offers its users even more benefits and options. High speeds at low costs and exceptional utility are some of the advantages of Solaxy.

Solaxy is powered by the native SOLX token. This token is currently in its presale phase. Users are currently able to purchase SOLX tokens at the low price of $0.001598 each. Early entry into the SOLX presale also means that users can start staking their SOLX token now. This way they can realize profits before the platform is even live.

Visit Solaxy Presale

Best Wallet (BW) – revolutionizes the crypto wallet market

Now that cryptocurrencies are more popular than ever, there is increasing demand for a place to store these cryptos. This is why the crypto wallet industry is growing rapidly. However, a new project has now emerged within this industry that seems to be able to distinguish itself from all its predecessors. This project is Best Wallet, a new crypto wallet system that offers much more than a simple crypto wallet.

Best Wallet is developing a multi-chain, multi-wallet platform that contains everything a crypto trader needs. Because his wallet also uses Fireblock MPC-CMP wallet technology, it seems to be a revolution within the crypto wallet market. The goal of owning 40% of the crypto wallet market by the end of 2026 therefore seems feasible.

Best Wallet is paired with its native BEST token. A token that brings many benefits to its holders. BEST holders can benefit from reduced transaction rates, early access to new projects, high staking rewards and a say within the board. BEST tokens are now available for purchase for a limited time via the Upcoming Tokens page on the Best Wallet site. This is also the place where all new tokens will be placed once Best Wallet goes live.

Visit Best Wallet Presale

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