Peter Brandt believes Bitcoin isn’t “out of the woods” as a result of he views the present market construction as a long-term bear market.
He believes that this construction can’t be invalidated by a number of days of optimistic worth motion.
As reported by U.Right now, Bitcoin pulled off a shocking comeback on Tuesday, surging above the $92,000 degree and paring its most up-to-date good points.
🔥 Bitcoin simply pulled off a real-life V for Vendetta transfer — an ideal V-shaped restoration.
📈 $91K ➜ $91K in simply 48 hours.⚡️🟧 pic.twitter.com/L1gjaOhVl5
— InvestAnswers (@Investanswers) December 2, 2025
Nevertheless, in line with Brandt, this could possibly be simply market noise regardless of some bullish developments (corresponding to Vanguard’s determination to open entry to cryptocurrency exchange-traded funds).
Lifeless cat bounce?
In November, the worth of the flagship cryptocurrency collapsed to the $80,000 degree following a violent sell-off.
Bitcoin then managed to get well, nevertheless it was violently rejected on the $93,000 degree. Brandt subsequently described the sooner transfer as a “lifeless cat bounce.”
Therefore, there may be nonetheless a risk that that is one more bear market rally that may finally fade.
Up to now, Bitcoin (BTC) remains to be down 27.6% from its document peak of $126,080 that was achieved in early October.
