Veteran Trader Peter Brandt Predicts Bitcoin Will Bottom on October 4, 2026

BTC2.91%
According to veteran trader Peter Brandt, Bitcoin could bottom on October 4, 2026, with prices potentially falling to the $40,000-$50,000 range before a durable cycle low forms. Brandt said the current trading level near $63,661 does not yet reflect the panic and forced selling that typically mark bear-market bottoms. He argued that market sentiment remains too balanced and that previous major bear cycles produced corrections exceeding 80%, implying deeper losses ahead from the prior highs above $120,000.
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