Peter Brandt "Possible final correction before Bitcoin's all-time high… Short-term plunge followed by rebound expected"

The cryptocurrency market recently experienced a sharp decline, but major analysts say this volatility is temporary and expect a rebound within the next few weeks. However, some experts analyzed that additional adjustments are inevitable before Bitcoin recovers its all-time high.

On the 15th (local time), Cointelegraph reported that veteran trader Peter Brandt said, "Bitcoin could soon once again break through its all-time high of $125,100, but there is a possibility of a large correction before that." He said, "If the all-time high is reconfirmed this week or next week, large liquidations could act as a 'healthy shakeout'," and warned, "However, if the uptrend line collapses, a retreat to the $50,000–$60,000 level cannot be ruled out."

On the 11th, immediately after U.S. President Donald Trump announced a 100 percent tariff on Chinese imports, $19 billion worth of liquidations occurred across the market. Bitcoin plunged from about $121,000 to $102,000 at the time, but has since recovered to around $112,400.

Charles Edwards, founder of Capriole Investments, said, "This incident served as a reminder of the importance of leverage management," adding, "Leverage multiples above 1.5x should be approached with caution as they are risky." He predicted, "The volatility this weekend is temporary, and the uptrend will be maintained over the long term."

BitMEX co-founder Arthur Hayes also added to the optimism. He wrote on X (formerly Twitter) that "Back up the truck and buy everything," emphasizing, "Signals that the Fed is ending quantitative tightening have opened buying opportunities across the market."

The Fed's quantitative easing (QE) typically promotes lending and lowers interest rates, which acts as a factor that supplies liquidity to the cryptocurrency market.

Pav Hundal, lead analyst at Swyftx, explained, "The key variables for Bitcoin's current price are macroeconomic data," adding, "Falling oil prices and weakening demand are stabilizing inflation, and the U.S. labor market is showing signs of weakening." The U.S. August consumer price inflation rate was 2.90 percent, the highest since January this year. He said, "Since the Fed aims for full employment, there is a high possibility of an additional rate cut this month," and assessed, "This is a very favorable environment for Bitcoin."

Meanwhile, macroeconomist Lyn Alden also agreed with the bullish outlook on a recent podcast, saying, "The next quarter will be a fairly favorable period for Bitcoin."