Renowned trading analyst Peter Brandt says investing in Bitcoin today, will pay off much better in two to three years than buying AI stocks at current prices. Veteran trader Peter Brandt says he has pinpointed the exact day in 2026 when he expects Bitcoin to hit the bottom of this market cycle. “I’ll go out on a limb and say we bottom on October 4th. So we’ll see,” Brandt tells Cointelegraph during an interview for Trade Secrets. Of course, picking the exact day of a market bottom is a tough ask, but the 51-year trading veteran has held firm on his October prediction for Bitcoin’s cycle low for quite some time. Read more
Polymarket pundits are giving just a 15% chance that Bitcoin will reclaim $120,000 in 2026, while veteran trader Peter Brandt said he doesn't expect a new high until Q2 2027. It could be more than a year before Bitcoin regains its all-time high of $126,100, recorded in October last year, according to veteran trader Peter Brandt. “I do not see a new price high in 2026,” Brandt told Cointelegraph. “Not until maybe the second quarter of 2027,” he said, though he also acknowledged that “this is all guesswork.” Pundits on the crypto prediction platform Polymarket are similarly pessimistic, giving just a 15% chance that Bitcoin will reclaim $120,000 in 2026. Read more
Legendary trader Peter Brandt says charts can’t accurately predict prices — and admits he sometimes trolls XRP and ETH bulls just for fun. Crypto traders who think they can make accurately price predictions are delusional, says veteran trader Peter Brandt. Anyone that looks at the charts and tries to tell you where anything is going is actually just kind of fooling themselves, the 79-year-old tells Magazine. There are a lot of people who will argue with me, of course, Brandt laughs. Read more