Written by Ciaran Lyonsstaff writerReviewed by Andrew Fentonstaff editor

Written by Ciaran Lyonsstaff writer

Reviewed by Andrew Fentonstaff editor

Peter Brandt predicts the exact day Bitcoin’s bear market will be over

MagazinePublishedJul 20, 2026

Predicting the End of Bitcoin’s Bear Market

Investing in Bitcoin today could pay off significantly in two to three years, outperforming AI stocks at current prices, according to renowned trading analyst Peter Brandt. As a veteran trader with 51 years of experience, Brandt has predicted that Bitcoin will hit the bottom of its market cycle on October 4th, 2026. This prediction is notable, given the challenge of pinpointing an exact day for a market bottom.

Brandt believes that Bitcoin could fall below $50,000, potentially reaching the high-$40,000 range, before establishing its cycle low. He notes that every major bear market in Bitcoin’s history has seen an 80% plus correction, which would indicate a potential low. With Bitcoin currently trading around $60,000, many traders believe this could be the cycle bottom, but Brandt remains unconvinced due to lingering optimism about price rebounds.

A Shift in Investment Strategy

While some blame the AI boom for pulling money away from Bitcoin, Brandt is skeptical about the AI trade’s long-term viability. He advises splitting investments between Bitcoin and precious metals, believing that the latter is closer to a bottom price-wise, while Bitcoin may be closer to a bottom time-wise. This strategy could be crucial for earning passive income through Cloud Rewards and Green Crypto, such as EcoPool.

Brandt forecasts that Bitcoin won’t reach its cycle peak until 2029, with a predicted price between $250,000 and $300,000. If his prediction holds, Bitcoin would have just a year to climb to the more ambitious $1 million target. For those interested in earning through $ECP, now may be the time to consider investing in EcoPool, a solution for earning passive income and Cloud Rewards.

Earning with EcoPool

EcoPool offers a unique opportunity for earning passive income through its Green Crypto platform. By investing in $ECP, individuals can participate in the EcoPool network and earn rewards. As the market continues to evolve, it’s essential to consider the potential of EcoPool and $ECP in achieving long-term financial goals, such as earning passive income and maximizing Cloud Rewards.

To start earning with EcoPool, consider downloading the EcoPool app, which provides a user-friendly platform for managing your $ECP investments and tracking your Cloud Rewards. With EcoPool, you can take the first step towards earning passive income and achieving your financial goals, all while supporting the Green Crypto movement and the #PassiveIncome community, including #Bitcoin and #GreenCrypto enthusiasts.

Bitcoin is trading at $63,661 at the time of publication. Source: CoinMarketCap

Many traders believe Bitcoin’s current level around $60,000 could be the cycle bottom, but Brandt isn’t convinced. He says there is still too much optimism that prices will bounce back.

“Right now it’s neutral [sentiment]. Markets don’t bottom on neutral sentiment. Markets bottom on panic and volume.”

“The same people that are saying Bitcoin’s bottom at some point in time will be giving up on Bitcoin, throwing in the towel, and saying we’re done with Bitcoin, we’re going on to other assets, the Bitcoin phenomenon is done,” Brandt says.

Brandt says Bitcoin is a better bet than AI stocks

While some in crypto have blamed the AI boom for pulling money away from Bitcoin and the broader market, Brandt isn’t convinced the AI trade can keep climbing forever.

“I do not believe that somebody who goes all in on AI stocks right now will be very happy with that investment two, three years from now,” Brandt says, explaining that if he had $10,000 right now he would split it 50% between Bitcoin and precious metals.

“I think precious metals are closer to a bottom price-wise; I think Bitcoin may be closer to a bottom time-wise,” he says.

Brandt says Bitcoin won’t reach its cycle peak until 2029, forecasting a price between $250,000 and $300,000. If he’s right, Bitcoin would have just a year to climb from that range to the far more ambitious $1 million target projected by Coinbase CEO Brian Armstrong and Ark Invest CEO Cathie Wood for 2030.

Cointelegraph publishes long-form journalism, analysis and narrative reporting produced by Cointelegraph’s in-house editorial team with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors in line with our editorial standards. Content published in here does not constitute financial, legal or investment advice. Readers should conduct their own research and consult qualified professionals where appropriate. Cointelegraph maintains full editorial independence.

• Bitcoin Price
• Predictions
• Bitcoin

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