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cryptoJul 18, 2026, 2:00 PM

Peter Brandt Predicts Bitcoin Low in Early October, Dip to High $40Ks

Veteran trader Peter Brandt expects Bitcoin to bottom in early October, potentially dipping into the high $40,000 range before the next major rally, citing consistent cycle behavior.

BTCUSD

Veteran trader Peter Brandt told Ciaran Lyons that he expects Bitcoin to find a low around early October. He believes the leading cryptocurrency could briefly fall into the high $40,000s before resuming its upward trajectory.

Brandt remarked that the Bitcoin cycle has been "very, very consistent," suggesting the pattern supports his near-term bearish call followed by a broader bullish move. No specific price target for the subsequent rally was mentioned.

Source: Cointelegraph