According to Mars Finance, on February 13th, Peter Brandt, the renowned trader and chart analyst who successfully predicted the 2018 Bitcoin crash, stated that the Bitcoin market may not have reached its true bottom yet, "The real bottom may not appear until October 2026." He previously predicted that Bitcoin could fall to the $60,000 area in the third quarter of 2026. On February 6th, Bitcoin briefly fell to approximately $62,700. Brandt believes that the price may fluctuate upwards in the short term, but may still fall back to the $50,000 high range within the year. Meanwhile, Arthur Hayes pointed out that Ethereum's price may continue to fluctuate sideways in its current range until dollar liquidity improves. As of press time, Ethereum was trading at approximately $1,941, a drop of over 40% in the past 30 days. However, Michaël van de Poppe, founder of MN Trading Capital, believes that Ethereum is currently in an attractive entry point, emphasizing that stablecoin trading volume has increased by approximately 200% over the past 18 months. In the prediction market, Polymarket data shows that there is a 41% probability that Bitcoin will fall below $60,000 by the end of February, while the probability of it returning to $75,000 is 29%. In 2026, the probability of Bitcoin returning to $120,000 is 23%, while the probability of it breaking through $150,000 is only 10%. As for Ethereum, the market predicts a 76% probability that it will reach $1,500 in 2026, while the probability of it falling to $1,600 is 23%.
Peter Brandt believes Bitcoin may not have bottomed out yet, and a "true bottom" is unlikely before October; he predicts increasing market divergence.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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