Veteran trader Peter Brandt has demonstrated his commitment to his forecast the fall in the Bitcoin exchange rate and partially got rid of the digital assets he had purchased.
I still hold 40% of the maximum amount of BTC I ever held. I acquired it at a price that was one-twentieth of the average price of bitcoins purchased by Michael Saylor.
I remain positive on BTC in the long term. During the next bull run, the coin’s price should reach approximately $200,000. This will happen in the third quarter of 2029,» Brandt wrote.
From this and Peter’s previous messages, the following conclusions can be drawn:
- He bought Bitcoin at around $3,722 and made over 2,000% profit when he sold it this year;
- The bearish trend in the BTC market will continue until the coin price drops to $58,000, which will likely happen in the fall of 2026;
- During the next bull run kriptovalyuta will rise in price by 245% from the bottom at $58,000.
If Brandt’s prediction comes true, the Bitcoin market’s upward trend will be much weaker than previous ones. For example, during the bull run from November 2022 to October 2025, the digital asset rose by 711%. This will be driven not only by the coin’s growing market capitalization but also by the emergence of competing cryptocurrencies, particularly gold-backed stablecoins. Tether Gold (XAUt), which serves as a store of value, just like BTC.