Renowned trader Peter Brandt has forecasted that Bitcoin's true market bottom may not occur until October 2026. Brandt, known for accurately predicting Bitcoin's 2018 crash, suggests that while Bitcoin might experience short-term price increases, it could still fall to the upper $50,000 range this year. Recently, Bitcoin briefly dipped to around $62,700.
In related news, Arthur Hayes commented on Ethereum's price, indicating it may remain range-bound until dollar liquidity improves. Currently, Ethereum is trading at approximately $1,941, having dropped over 40% in the past month. However, Michaël van de Poppe sees Ethereum as being in a favorable accumulation zone, noting a 200% increase in stablecoin trading volume over the last 18 months.
Peter Brandt Foresees Bitcoin's True Bottom in October 2026
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