According to Odaily Odaily, Peter Brandt, a 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, suggesting that "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 it may still fall back to the $50,000 high range within the year.
Meanwhile, Arthur Hayes points out that Ethereum's price may continue to trade sideways within 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 Ethereum is currently in an attractive entry point, emphasizing that stablecoin trading volume has increased by approximately 200% over the past 18 months. (Cointelegraph)
