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Peter Brandt Suggests Bitcoin Could Drop to $58K in Recent Post

2026-02-01 11:32

BlockBeats News, February 1st. Well-known trader and chart analyst Peter Brandt, who successfully predicted the Bitcoin crash in 2018, hinted this morning that Bitcoin will drop to $58,000. The attached chart shows BTC near the lower bound of a logarithmic channel, suggesting a continuing bear market.

The day before, Peter Brandt predicted that "Bitcoin will bottom out and rebound from August to October, then surge all the way up."

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