{"id":73579,"date":"2026-06-05T02:27:42","date_gmt":"2026-06-05T02:27:42","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/peter-brandt-warns-bitcoin-may-drop-further-as-october-becomes-key-window\/"},"modified":"2026-06-05T02:27:42","modified_gmt":"2026-06-05T02:27:42","slug":"peter-brandt-warns-bitcoin-may-drop-further-as-october-becomes-key-window","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/peter-brandt-warns-bitcoin-may-drop-further-as-october-becomes-key-window\/","title":{"rendered":"Peter Brandt Warns Bitcoin May Drop Further as October Becomes Key Window"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Brandt said bitcoin has reached his initial downside target near the February low area.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Further declines or a capitulation event could occur before stability returns.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Earlier cycle projections pointed to a $300,000-$500,000 bitcoin peak by 2029.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Peter Brandt Says <span>Bitcoin<\/span> May Not Find a Tradable Low Until October<\/h2>\n<p> <span>Bitcoin<\/span>\u2019s latest drop has returned <span>BTC<\/span> to the February low area that veteran trader Peter Brandt identified as his initial downside target. Brandt has traded markets for decades and is known for applying classical chart analysis to commodities, foreign exchange, and <span>crypto<\/span>. His latest chart still leaves room for more weakness before a durable trading opportunity forms.<\/p>\n<p>On June 3, Brandt <span style=\"box-sizing:border-box;margin:0px;padding:0px\"><a href=\"https:\/\/x.com\/PeterLBrandt\/status\/2062366699035545805\" target=\"_blank\" rel=\"noopener noreferrer\">said <\/a> <span>bitcoin<\/span><\/span> had reached the February low, a level he identified as his initial downside target. He warned that the asset could continue weakening and potentially enter a terminal wash-out phase before establishing stronger support.<\/p>\n<p>He said:<\/p>\n<blockquote>\n<p>\u201cAs I see it <span>bitcoin<\/span> has met its initial target at Feb low. This does not mean that <span>BTC<\/span> cannot work lower or have a terminal wash-out. I do not see a tradable low until October.\u201d<\/p>\n<\/blockquote>\n<figure id=\"attachment_820268\" aria-describedby=\"caption-attachment-820268\" style=\"width:1092px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-820268\" class=\"wp-caption-text\"> <span>BTC<\/span> chart shared by Peter Brandt. Source: Peter Brandt via X.<\/figcaption><\/figure>\n<p>The latest warning followed Brandt\u2019s May 13 view that <span>bitcoin<\/span> had not yet completed a recognizable bottom. In that <a href=\"https:\/\/x.com\/PeterLBrandt\/status\/2054564939541758077\" target=\"_blank\" rel=\"noopener noreferrer\">post<\/a>, he described a bear channel forming from the February low and said a close below $79,145 would point to lower levels inside that channel.<\/p>\n<p>The terminal wash-out warning indicates that Brandt does not view the February low as the end of the decline. Such a scenario would involve a final wave of selling pressure before a more durable bottom forms.<\/p>\n<h2>October Timeline Puts <span>Bitcoin<\/span>\u2019s Correction Back in Focus<\/h2>\n<p>The October timeline did not appear for the first time in Brandt\u2019s latest post. On April 23, he projected an investable low in September or October 2026 and said that low could either hold above or break below the February 2026 bottom. The forecast made the February low a key reference point in his longer-term market cycle analysis.<\/p>\n<p>His latest post brings that timeline into focus. By saying he does not expect a tradable low until October, Brandt signaled that <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a>\u2019s correction may not be complete even after reaching the February low.<\/p>\n<p>\u201cShould <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a> continue with the most remarkable cyclic patterns of any market in the past 15 years, an investable low is scheduled for Sep\/Oct 2026,\u201d Brandt <a href=\"https:\/\/x.com\/PeterLBrandt\/status\/2047396252112028135\" target=\"_blank\" rel=\"noopener noreferrer\">wrote<\/a> on April 23, elaborating:<\/p>\n<blockquote>\n<p>\u201cThat low might or might not penetrate the Feb 2026 low. The next high (should patterns continue) will be between $300k and $500k in Sep\/Oct 2029.\u201d<\/p>\n<\/blockquote>\n<p>Taken together, Brandt\u2019s recent posts suggest he does not view the February low as the end of <a href=\"https:\/\/www.binance.com\/en\/price\/bitcoin\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin<\/a>\u2019s correction. Instead, his analysis continues to leave room for further downside before a more durable bottom emerges.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/peter-brandt-warns-bitcoin-may-drop-further-as-october-becomes-key-window\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Brandt said bitcoin has reached his initial downside target near the February low area. Further declines or a capitulation event could occur before stability returns. Earlier cycle projections pointed to a $300,000-$500,000 bitcoin peak by 2029. Peter Brandt Says Bitcoin May Not Find a Tradable Low [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":73580,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73579"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73579"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73579\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73580"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73579"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73579"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73579"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}