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Peter Brandt suggests Bitcoin may not have bottomed, unlikely to see a "real bottom" before October; predicts escalating market divergence

2026.02.13 22:12:32

**February 13 Crypto Market Update: Analyst Insights & Polymarket Probabilities** Veteran trader and technical analyst Peter Brandt—who correctly called the 2018 Bitcoin crash—says Bitcoin hasn’t hit its real bottom yet, noting the actual bottom might not arrive until October 2026. He’d earlier forecast Bitcoin could slide to the $60k range in Q3 2026; on February 6, Bitcoin briefly dipped to roughly $62,700. Brandt adds: In the short term, prices could see upward swings but might still pull back to the $50k range this year. Meanwhile, Arthur Hayes argues Ethereum’s price will likely trade sideways in its current range until U.S. dollar liquidity improves. As of press time, Ethereum trades at ~$1,941—down more than 40% over the past 30 days. MN Trading Capital founder Michaël van de Poppe counters, calling Ethereum now in an attractive accumulation zone. He notes stablecoin trading volume has jumped roughly 200% over the last 18 months. **Polymarket Probability Data:** - By end-February: 41% chance Bitcoin drops below $60k; 29% chance it rebounds to $75k. - 2026 Bitcoin outlook: 23% chance to top $120k; just 10% shot at $150k+. - 2026 Ethereum outlook: 76% chance to hit $1,500; 23% chance to fall to $1,600.
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