Peter Brandt Predicts Bitcoin Correction and Potential Long-Term Growth

Renowned analyst Peter Brandt offers insights into Bitcoin’s future trajectory, forecasting both a potential correction to the $58-$60K range and a possible bull market surge towards $500K by 2026. His analysis draws from historical cycles and leveraged positions, highlighting that a significant correction could reshape market dynamics. Brandt suggests a 30% chance of Bitcoin reaching its peak during this cycle, followed by an anticipated bull phase. However, he cautions against overleveraged trading strategies. )