PANews reported on February 1st that Peter Brandt, a renowned trader and chart analyst who successfully predicted the 2018 Bitcoin crash, posted an article thisPANews reported on February 1st that Peter Brandt, a renowned trader and chart analyst who successfully predicted the 2018 Bitcoin crash, posted an article this

Peter Brandt: Bitcoin may fall to $58,000, and the bear market is still ongoing.

2026/02/01 19:36
1 min read
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PANews reported on February 1st that Peter Brandt, a renowned trader and chart analyst who successfully predicted the 2018 Bitcoin crash, posted an article this morning suggesting that Bitcoin will fall to $58,000. The accompanying chart shows BTC near the lower edge of the logarithmic channel, indicating a continuation of the bear market.

Two days ago, Peter Brandt predicted that "Bitcoin will bottom out between August and October and then surge all the way up."

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