Peter Brandt says Bitcoin may not have bottomed out yet; the "true bottom" is unlikely to appear before October; market predictions are increasingly divided.

BTC-2.58%
ETH-3.39%

BlockBeats News, February 13 — Renowned trader and chart analyst Peter Brandt, who successfully predicted the 2018 Bitcoin crash, stated that the Bitcoin market may not have reached its true bottom yet, “the real bottom may not appear until October 2026.” He previously predicted that Bitcoin could dip to around $60,000 in the third quarter of 2026. On February 6, Bitcoin briefly fell to approximately $62,700. Brandt believes that in the short term, prices may fluctuate upward, but could still fall back to the high $50,000 range within the year.

Meanwhile, Arthur Hayes pointed out that before dollar liquidity improves, Ethereum’s price may continue to trade sideways within the current range. As of press time, Ethereum is trading at about $1,941, down over 40% in the past 30 days. However, Michaël van de Poppe, founder of MN Trading Capital, believes Ethereum is currently in an attractive accumulation zone and emphasizes that stablecoin trading volume has increased by approximately 200% over the past 18 months.

In the prediction market, data from Polymarket shows a 41% probability that Bitcoin will fall below $60,000 before the end of February, and a 29% chance it will rebound to $75,000. Within 2026, there is a 23% probability that Bitcoin will return to $120,000, and only a 10% chance it will break through $150,000. Regarding Ethereum, the market estimates a 76% chance it will reach $1,500 in 2026, and a 23% chance it will drop to $1,600.

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