Analysis: Given the current macroeconomic situation, Bitcoin may fall to the range of $58,000 to $62,000 within two weeks

According to CoinDesk, veteran trader Peter Brandt, who accurately predicted the Bitcoin crash in 2018, forecasts that Bitcoin could drop to the range of $58,000 to $62,000 within two weeks. Several market analysts have warned that the current macroeconomic conditions, including the risk of escalating tariffs in Europe and the U.S. and geopolitical tensions, have paved the way for Bitcoin's decline.

Brandt pointed out on social media that Bitcoin's key resistance level is around $102,300 and remains in a bearish trend. Analyst Jason Fernandes believes that this target could technically be achieved, but the driving factors are rooted in the macro environment rather than purely chart patterns. He emphasized that although U.S. inflation has fallen below 2%, central bank policies remain cautious, and any escalation in tariffs or geopolitical friction could raise inflation again and delay interest rate cuts. As long as interest rates remain restrictive and liquidity is constrained, the possibility of Bitcoin returning to the mid-$55,000 range still exists.

Mati Greenspan, founder of Quantum Economics, also agrees with Brandt's assessment of the probabilities and points out that after years of Federal Reserve liquidity tightening and the worst economic environment in decades, the impact of macro conditions may outweigh any single chart pattern. Options market data shows that the probability of Bitcoin falling below $80,000 before June is about 30%.