Veteran dealer Peter Brandt reiterates his cautious stance on Bitcoin. He believes that BTC could not hit a brand new all-time excessive this 12 months. Amid the present bearish pattern, Brandt initiatives that the coin might retest the $60k degree earlier than any main rebound.
Bitcoin May Retest $60K, Says Peter Brandt
In response to the newest reviews, Peter Brandt, a key voice within the crypto house, has projected his bearish outlook for Bitcoin in 2026. Whereas acknowledging it as “guesswork,” Brandt acknowledged that an ATH is unlikely in 2026, including,
“I don’t see a brand new worth excessive in 2026. Not till possibly the second quarter of 2027.”
The BTC worth reached its yearly low of $60,000 in February 2026, after hitting an all-time excessive of $126k in October 2025. Nevertheless, Peter Brandt believes that Bitcoin might retest this $60k degree.
The dealer even thinks that the crypto could slide to decrease ranges in September or October this 12 months. He added, “That will then be the bear cycle low, and a brand new bull cycle would start.”
This outlook aligns along with his earlier projection. As CoinGape reported just lately, Peter Brandt predicted Bitcoin’s potential crash to $60,000. As per his assertion, BTC was making ready for a rising wedge promote sign.
Is an Uptrend Potential?
At present, Bitcoin is experiencing vital strain amid the escalating US-Iran conflict. As of press time, BTC is valued at $67,599, down 0.04% in a day. Marking a marginal 0.19% uptick over the previous month, the crypto declined by about 4% in every week.
Earlier in the present day, BTC confirmed optimistic indicators as US President Donald Trump confirmed curiosity in ending the Center East conflicts. Nevertheless, in accordance with consultants, this surge is momentary. Echoing Peter Brandt’s projection, many consider that the pioneer crypto could take a success in 2026.
For instance, Anthony Scaramucci additionally holds a bearish outlook. He acknowledged,
“We’re in a four-year cycle, and there have been some conventional whales, some OG’s, that consider within the four-year cycle, and guess what occurs in life while you consider in one thing? You create a self-fulfilling prophecy.”
$BTC has misplaced its uptrend.
And now this has precisely began to appear like the Jan 2026 fractal.
Again then, BTC dropped nearly 39% from its native peak.
The same transfer will dump BTC to $45,000. https://t.co/oUPXt3yITu pic.twitter.com/wWjXAKbY76
— Ted (@TedPillows) March 30, 2026
Equally, analyst Ted acknowledged that BTC has “misplaced its uptrend.” In response to him, the value sample now appears just like what occurred in January 2026. Again then, BTC fell about 39% from its native excessive. If the identical sample repeats, BTC might drop to round $45,000.
