Bitcoin.com
Peter Brandt Predicts Bitcoin Bottom at $40K Before Massive $250K Rally
July 21, 2026•01:40 PM
Veteran market strategist Peter Brandt is signaling a major shakeout for Bitcoin investors. The trader, boasting 51 years of market experience, predicts that Bitcoin will likely hit a bottom between $40,000 and $50,000 in early October before embarking on its next major leg up.
This projected dip is framed as a strategic consolidation phase rather than a bearish trend. Brandt anticipates a multi-year rally following this correction, forecasting that Bitcoin could surge past the $250,000 mark by 2029, marking a historic era for the digital asset.
Drawing from 51 years of trading experience, Brandt views this potential decline as a precursor to a massive multi-year rally. He maintains a highly bullish long-term outlook, predicting that the asset's trajectory could carry it well above $250,000 by the year 2029.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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