Peter Brandt: The BTC bull market cycle has shown signs of exponential decline, and the parabolic upward trend has been broken.

Odaily Planet Daily reports that Peter Brandt posted on the X platform:

1. The bull market cycle for Bitcoin has begun to decline exponentially.

2. The BTC bull market cycle experienced a parabolic upward trend.

3. Previously, after the parabolic trend was broken, the decline did not exceed 80%.

4. The current parabolic upward trend has been broken.

20% of the all-time high (ATH) is approximately $25,240.