Bitcoin Drops to $110,000 Today — Could It Fall to $50,000? Peter Brandt Thinks So

Jakarta, Pintu News – A veteran trader known for his precise predictions of Bitcoin (BTC) price peaks in 2017 and 2021 has issued another warning to Bitcoin investors.

He predicted that the world’s largest cryptocurrency is likely to experience one last dip before finally surging towards its past high of $126,198. This prediction has sparked curiosity among investors: how deep could this final dip in Bitcoin go?

Bitcoin Price Drops 1.42% in 24 Hours

On October 16, 2025, Bitcoin was priced at $110,824, or approximately IDR 1,846,486,263 — marking a 1.42% decline over the past 24 hours. During this period, BTC reached a low of IDR 1,836,838,944 and a high of IDR 1,891,556,940.

At the time of writing, Bitcoin’s market capitalization is around IDR 36,629 trillion, while its 24-hour trading volume has dropped by 24% to IDR 1,136 trillion.

Read also: 5 Easy Ways to Build a Crypto Portfolio

Brandt warns of last correction before price surge

Veteran trader Peter Brandt revealed that Bitcoin is still following its long-term parabolic pattern. However, he warned of the possibility of a “big shock” before the price takes off again.

If this happens, Bitcoin (BTC) could briefly drop to the $50,000-$60,000 range before bouncing back stronger.

Brandt also noted that the previous cycle low occurred on November 9, 2022, which was 533 days before the halving event in April 2024. If this pattern continues, the next market peak is expected to occur around October 2025, in line with previous cyclical patterns.

Even so, he cautions that a temporary correction is still possible before the big surge begins. However, Brandt believes that extreme declines of up to 80% like those of the past are now less likely, thanks to wider institutional adoption and a maturing market.

Bull Run Expected to End in 10 Days

In line with Brandt’s views, CryptoBirb traders warn that Bitcoin’s current rally has already reached 99.3%, leaving only about 10 days before the bull run cycle ends.

Read also: 4 Altcoins that Plummeted Badly on Black Friday Crypto

Technical indicators support this analysis: The Fear & Greed Index dropped from 71 to 38, while the RSI (Relative Strength Index) decreased to 45. This indicates that market emotions are starting to subside and pave the way for a potential final price spike.

With October 24 approaching, traders are advised to prepare for high volatility and possible explosive price movements.

Fed policy could trigger the next surge

Despite short-term headwinds, market attention is now focused on the US Federal Reserve’s policies. BitMEX co-founder Arthur Hayes stated that Fed Chairman Jerome Powell signaled that the aggressive tightening phase is coming to an end. This opens up the opportunity for liquidity to return to the market.

On October 15, the price of BTC was hovering around $112,370, recording a mild rise in the last 24 hours, with a market capitalization of $2.24 trillion.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. Bitcoin Price Could Dip to $50K Before Next Bull Run, Peter Brandt Warns. Accessed on October 16, 2025