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<p>Veteran trader Peter Brandt <strong><a href="https://x.com/PeterLBrandt/status/1984001227550814377">revealed</a></strong> he has taken a short position on Bitcoin futures, even as he continues to hold Bitcoin long-term as part of his investment portfolio.</p> 
<p>Brandt, who has traded markets for over four decades, explained that the move reflects a difference in timeframes:</p> 
<p>“As an investor I have owned Bitcoin for years. As a swing trader, I am now short BTC futures based on a megaphone pattern.”</p> 
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-300066" src="https://www.ethnews.com/wp-content/uploads/2025/10/G4iWUANXAAAXzf6.png" alt="" width="1185" height="587"></p> 
<p>His chart illustrates a broadening formation, with five clear wave structures, often associated with heightened volatilityand potential breakdowns when price fails to hold support. Bitcoin’s latest pullback from $126,000 to around $107,000 has placed it in a critical technical zone, where failure to defend could open the door to deeper retracement toward the mid-$90K range.</p> 
<h3 id="micha-l-van-de-poppe-112k-break-would-confirm-recovery">Michaël van de Poppe: $112K Break Would Confirm Recovery</h3> 
<p>Analyst Michaël van de Poppe <strong><a href="https://x.com/CryptoMichNL/status/1984171482444890585">offered</a></strong> a contrasting view, maintaining that Bitcoin’s bullish structure remains intact,&nbsp;provided the price reclaims the $112,000 resistance level.</p> 
<p>“The thesis on Bitcoin remains the same,” van de Poppe wrote. “It needs to break the $112K level, and then we’re good to go. Break that level and we’re going into happy land.”</p> 
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-300086" src="https://www.ethnews.com/wp-content/uploads/2025/10/G4krad6WoAAOrmh.png" alt="" width="1200" height="696"></p> 
<p>Van de Poppe acknowledged Bitcoin’s recent bounce but emphasized the lack of strength across altcoins, which continue to lag behind BTC. His chart shows consolidation between $102K and $112K, with a potential breakout above resistance setting up the next leg toward new highs.</p> 
<h3 id="ethereum-ecosystem-poised-for-upside-arb-at-cycle-lows">Ethereum Ecosystem Poised for Upside, ARB at Cycle Lows</h3> 
<p>In a separate post, van de Poppe shifted focus to the Ethereum ecosystem, calling it the “best ecosystem to invest in” as ETH approaches a possible breakout above $5,000.</p> 
<p>He identified Arbitrum (ARB) as a key opportunity within that ecosystem, noting that the token is at a cycle low while forming bullish divergences against Bitcoin.</p> 
<p><img loading="lazy" decoding="async" class="aligncenter size-full wp-image-300106" src="https://www.ethnews.com/wp-content/uploads/2025/10/G4lrdCHWwAASRaG.png" alt="" width="1200" height="619"></p> 
<p>“The bear market is almost over,” he said. “This is one to have in your portfolio, in my opinion.”</p> 
<p>Van de Poppe’s analysis suggests that Ethereum’s Layer-2 and scaling projects could lead the next wave of altcoin growth, echoing historical patterns where ETH breakouts have preceded broader market rallies.</p>  
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<h3 id="divergent-outlooks-reflect-market-crossroads">Divergent Outlooks Reflect Market Crossroads</h3> 
<p>The contrasting views from two respected traders underscore the uncertainty surrounding Bitcoin’s next move.</p> 
<ul> 
 <li aria-level="1">Brandt’s short-term caution reflects the growing technical risk within the current consolidation range.</li> 
 <li aria-level="1">Van de Poppe’s mid-term optimism focuses on Bitcoin’s resilience and the potential for a renewed Ethereum-led expansion phase.</li> 
</ul> 
<p>Both agree that Bitcoin’s next decisive move around $112,000 will likely determine the market’s tone heading into the final quarter of 2025, whether it confirms continuation toward new highs or triggers a deeper correction before the next rally.</p> 
<p>The post <a href="https://www.ethnews.com/bitcoin-at-a-crossroads-legendary-trader-shorts-btc-futures-as-bulls-target-112k-revival/">Bitcoin at a Crossroads: Legendary Trader Shorts BTC Futures as Bulls Target $112K Revival</a> appeared first on <a href="https://www.ethnews.com">ETHNews</a>.</p>

Bitcoin at a Crossroads: Legendary Trader Shorts BTC Futures as Bulls Target $112K Revival

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