{"id":10960,"date":"2026-07-21T07:27:06","date_gmt":"2026-07-21T07:27:06","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=10960"},"modified":"2026-07-21T07:27:06","modified_gmt":"2026-07-21T07:27:06","slug":"peter-brandt-predicts-bitcoin-bear-market-bottom-still-lies-ahead","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=10960","title":{"rendered":"Peter Brandt Predicts Bitcoin Bear Market Bottom Still Lies Ahead"},"content":{"rendered":"

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  • Brandt expects further downside before Bitcoin completes its current bear market cycle later in 2026.<\/span><\/li>\n
  • He argues genuine market bottoms are driven by investor capitulation rather than cautious optimism.<\/span><\/li>\n
  • Despite near-term weakness, he believes Bitcoin can reach substantially higher prices before the next cycle peak.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n

    Peter Brandt expects Bitcoin\u2019s current market cycle to bottom on 4 October 2026, saying he believes the cryptocurrency still has further downside before a durable recovery can begin. While he has held this view for some time, he stressed that forecasting the precise date of a market low is inherently uncertain.\u00a0<\/p>\n

    The veteran trader said Bitcoin may fall below US$50,000 (AU$72,500) and could even reach the high-US$40,000 (high-AU$60,000) range before establishing its bear market low. He also suggested the market could first stage a short-lived rally before resuming its decline.<\/p>\n

    Brandt argued that current sentiment does not resemble the conditions typically seen at major market bottoms, saying a true low is usually accompanied by panic, with investors abandoning bullish views and concluding that Bitcoin\u2019s prospects have faded.<\/p>\n

    \n
    \n

    Right now it\u2019s neutral. Markets don\u2019t bottom on neutral sentiment. Markets bottom on panic and volume.<\/p>\n<\/div>\n

    \n Peter Brandt, Veteran Trader <\/div>\n<\/div>\n

    Related: Bitcoin Slides as Risk-Off Sentiment Returns Amid Iran Strikes, Tech Selloff<\/strong><\/p>\n

    Past Bear Markets Remain a Key Guide\u00a0<\/h2>\n

    He said previous Bitcoin bear markets have generally recorded declines of more than 80% from their highs. Although applying that pattern to Bitcoin\u2019s recent peak above US$120,000 (AU$174,000) would indicate a much lower price, Brandt said he expects the cryptocurrency\u2019s increasing maturity to reduce the likelihood of such an extreme correction this cycle.<\/p>\n

    Although Brandt remains cautious in the short term, he continues to hold a positive long-term outlook. He forecasts Bitcoin could eventually climb to between US$250,000 (AU$362,500) and US$300,000 (AU$435,000) before reaching its next cycle peak in 2029, while noting those projections remain speculative.<\/p>\n

    Related: \u2018110 Reasons\u2019 Why BIP-110 Is a Bad Idea: Michael Saylor Rejects Bitcoin Soft Fork\u00a0<\/strong><\/p>\n<\/p><\/div>\n

    Bear Market,Bitcoin#Peter #Brandt #Predicts #Bitcoin #Bear #Market #Bottom #Lies #Ahead1784618826<\/p>\n","protected":false},"excerpt":{"rendered":"

    Brandt expects further downside before Bitcoin completes its current bear market cycle later in 2026. He argues genuine market bottoms are driven by investor capitulation rather than cautious optimism. Despite near-term weakness, he believes Bitcoin can reach substantially higher prices before the next cycle peak. Peter Brandt expects Bitcoin\u2019s current market cycle to bottom on<\/p>\n","protected":false},"author":1,"featured_media":10961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[1011,192,91,891,5601,5602,43,2623,1307],"class_list":["post-10960","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","tag-ahead","tag-bear","tag-bitcoin","tag-bottom","tag-brandt","tag-lies","tag-market","tag-peter","tag-predicts"],"yoast_head":"\nPeter Brandt Predicts Bitcoin Bear Market Bottom Still Lies Ahead - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=10960\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Peter Brandt Predicts Bitcoin Bear Market Bottom Still Lies Ahead\" \/>\n<meta property=\"og:description\" content=\"Brandt expects further downside before Bitcoin completes its current bear market cycle later in 2026. 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