Brandt Sees Bitcoin Bottom Before Massive Price Surge

Peter Brandt, a legendary analyst, expects Bitcoin to trade between $300,000 and $500,000 in September or October of 2029. However, he believes that before reaching this target, it will fall further.

Brandt has been tracking Bitcoin's price movements using classical chart patterns rather than fundamentals or news. He notes that the cryptocurrency has shown 'the most remarkable cyclic patterns of any market in the past 15 years,' and his projection extends those cycles forward.

In a recent post on X, Brandt set out his forecast, stating that an investable low for Bitcoin is scheduled for September or October this year. He notes that this low may or may not fall below Bitcoin's February low of $59,957.