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Peter Brandt pegs Bitcoin’s next cycle peak between $300K and $600K

Brandt also said he expects a market shift by Oct. 4, framing an October pullback as a potential buying opportunity before Bitcoin’s next peak.

Reported · Written up by our desk · Market Structure

Veteran trader Peter Brandt told Cointelegraph that he expects Bitcoin’s next cycle peak to land in a $300,000 to $600,000 range, with a potential path toward $600,000 by 2029.

Brandt pointed to Oct. 4 as a key inflection date for when Bitcoin’s bear market would end, while saying he now believes the market may have turned earlier than he predicted.

He also said he is not sold on XRP, describing it as a “fool coin,” and he suggested an October pullback could offer a buying opportunity ahead of the next cycle peak.

Cointelegraph said that in July, Brandt warned prices could fall into the high-$40,000 range, and it noted that Bitcoin was near $64,000 when a prior interview was published and later climbed to almost $85,000.

Latest closeBitcoin $83,929.53 ▲0.5%|XRP $1.547 ▲3.4%

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