Peter Brandt names timeline for the end of Bitcoin’s bear cycle
Head of Factor LLC and veteran trader Peter Brandt stated that Bitcoin is likely to reach its bottom in autumn, after which prices may begin to recover.
According to Brandt, Bitcoin is unlikely to retest its all-time high of $126,000, reached last October, within 2026.
“By September–October this year, the price may retest current levels or move slightly lower. This is when the bear market bottom is likely to form, followed by a recovery,” he said.
Brandt added that he remains cautiously optimistic and expects a new price peak in the second quarter of next year. The future trajectory of the crypto market will largely depend on whether Bitcoin can expand beyond being a narrow investment asset and gain broader economic use.
The head of Factor LLC also emphasized that the current cycle is more sensitive to macroeconomic factors. Changes in U.S. monetary policy, liquidity conditions, and the behavior of large investors will play a key role in shaping the next move—not only for Bitcoin but for other major cryptocurrencies as well.
Earlier, co-founder of Bitcoin Vector and investor at CMCC Crest Willy Woo suggested that the Bitcoin bear cycle could end between October and December.
See also: "Binance Research analysts identify five key macro risks for the crypto market"
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