Bitcoin (BTC) recovered sharply from the intra-week lows of below $50,000, signaling aggressive buying at lower levels. Although this is a bullish sign, veteran trader Peter Brandt believes the selling is not done yet. Brandt said in a X post that there is a 50% possibility of Bitcoin falling below $40,000. However, the Bitcoin bull-bear market cycle indicator, which had turned negative, has again flipped bullish. CryptoQuant founder and CEO Ki Young Ju said in a post on X that several Bitcoin onchain cyclical indicators that were on the “borderline have now shifted back to signaling a bull ma…