Peter Brandt Warns Bitcoin May Have Already Peaked This Cycle
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Veteran trader Peter Brandt is sounding the alarm that Bitcoin’s bull run could be closer to its end than many expect. With BTC slipping below $117,500, he estimates there’s a 30% chance the cycle’s peak has already passed.
If that scenario plays out, Brandt foresees a prolonged correction dragging Bitcoin into the $60,000–$70,000 range by late 2026. Still, he remains long-term bullish, predicting a rebound in the following cycle that could eventually propel BTC to $500,000, reinforcing his belief that Bitcoin outshines gold as the ultimate store of value.
His remarks were triggered by analysis from “Colin Talks Crypto” which highlights how every major Bitcoin cycle has historically lasted longer than the last. Based on that model, the current run – which began after the November 2022 bottom – could extend for 37 months, pointing to a late-December 2025 peak near $200,000.
Historical data backs this theory: prior tops came 24, 28, and 33 months after cycle lows, creating a lengthening pattern that suggests the market’s climax may still lie ahead. Yet with Bitcoin trading well below the projected highs, uncertainty looms over whether the ultimate surge is coming – or if the ceiling has already been reached.
What both Brandt and Colin agree on is that the road ahead will be marked by volatility. Traders may see steep swings, dramatic retracements, and new rallies before Bitcoin’s long-term trajectory becomes clear.
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