Analyst Peter Brandt, Who Predicted the Big Drop in 2018, Reveals His Bottom and Top Predictions for Bitcoin (BTC)! “Don’t Expect Bottoms and Tops Before These Dates!”
Peter Brandt, an analyst renowned for his 50 years of experience, said it could take more than a year for Bitcoin to reach its all-time high of $126,100 seen last October.
At this point, Peter Brandt argues that it seems unlikely that BTC will reach a new all-time high this year.
Brandt predicted that Bitcoin’s new all-time high (ATH) could occur most likely in the second quarter of next year, specifically the second quarter of 2027.
Brandt went even further in his predictions, suggesting that the $60,000 level last seen in February might not be the bottom.
Brandt also added that BTC could retest the $60,000 support level in September or October, or even fall below it. He further suggested this could mark the bottom of the bear market and the beginning of a new bull market.
While Brandt expects further declines in the short term, he maintained his view on Bitcoin’s long-term bullishness and value. However, he expressed a neutral or bearish outlook regarding other altcoins.
“The essence of Bitcoin hasn’t changed; it’s still a store of value.”
Like Brandt, market participants also have low expectations. In the prediction market Polymarket, the probability of Bitcoin surpassing $120,000 again in 2026 is priced at approximately 15%.
*This is not investment advice.
Continue Reading: Analyst Peter Brandt, Who Predicted the Big Drop in 2018, Reveals His Bottom and Top Predictions for Bitcoin (BTC)! “Don’t Expect Bottoms and Tops Before These Dates!”
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