📉 Peter Brandt indicated the date when Bitcoin's bear market could end

The veteran trader Peter Brandt believes that Bitcoin may still have one final phase of decline before a real bottom. According to his version, the key date for the market is October 4, 2026.

➡️ What Brandt said

🟡 He expects Bitcoin to form a bottom on October 4

🟡 This is not the first time he has maintained this timing forecast

🟡 At the same time, Brandt does not rule out a drop below $50,000

🟡 According to him, the possible bottom zone could be at the upper end of the $40,000 range

➡️ Why he doesn’t believe in the current bottom

🟡 Many traders believe the $60,000 area could already be the cycle low

🟡 Brandt doesn’t agree with that

🟡 He says there’s still too much hope in the market for a quick recovery

🟡 And real funds usually form not in neutral sentiment, but in panic and high volume

➡️ How he looks at Bitcoin’s history

🟡 Brandt reminds that big BTC bear markets before led to corrections of more than 80%

🟡 If we take Bitcoin’s high above $120,000, this logic allows for a deeper drop

🟡 He believes that some of today’s optimists may still give up before the reversal

🟡 Capitulation, in his view, often becomes the final stage of a bottom

➡️ Why he compares BTC with AI stocks

🟡 Brandt isn’t sure that buying AI stocks at current levels will work well over a 2–3 year horizon

🟡 If he had $10,000, he would split it between Bitcoin and precious metals

🟡 He says that metals are closer to the bottom by price

🟡 And Bitcoin may be closer to the bottom by time

➡️ What is his long-term outlook

🟡 Brandt expects the peak of the next Bitcoin cycle not before 2029

🟡 His target range is $250,000–$300,000 per BTC

🟡 This is far below the more aggressive predictions of $1 million by 2030

🟡 But he still suggests strong growth from the possible bottom of the current cycle

Conclusion: Brandt isn’t saying that Bitcoin is already ready for a reversal. His scenario is harsher: first, the market needs to wipe out excess optimism, go through fear, and only then form a sustainable bottom. If he’s right, the fall of 2026 may not be the end of Bitcoin, but the end of the bear market.