Bitcoin: Another six weeks under high tension according to Peter Brandt

For the next few weeks, the market continued, while Bitcoins develop above $ 117,000. The legendary trader Peter Brandt really warns that Crypto Reine is approaching a key moment, perhaps temporary summit. With more than ten years of analysis after half the cycles, he warns of a screenplay that could even surprise seasoned investors. This warning comes when some experts doubt the importance of the historical Bitcoin cycle.

Summit in the next six weeks?

Although there is a massive leakage of bitcoin capital in favor of Ethereum, Peter Brandt, a respected character in trading, he said on social network X that “Depending on the way I perceive Bitcoin cycles, from the lowest to the highest with half the middle point (+/- one to two weeks), the translated summit could occur in the next six weeks.”.

This forecast is integrated into context where bitcoins have experienced significant movements in recent weeks:

• August 2: Fall to $ 112,000, the lowest last level;
• Mid -July: maintenance at a price range around $ 117,000;
• July 14: record $ 123,000, last historical summit;
• Return to $ 117,656 currently, by 0.89 % in 24 hours and 3.6 % per week.

For Brandt, this time window could correspond to the last bull phase before a significant download. Its warning is based on the history of cycles, where half plays a key role, often preceded by acceleration of prices followed by a significant correction.

Towards the end of the classic bitcoin cycle?

In addition to the deadline set by Brandt, another debate agitates the community: a four -year historical cycle.

This model, so far widely accepted, ensured a strong increase after half, followed by a summit, then by a correction of 70 to 80 %, leading to a long period of significant decrease in the prices of cryptos. However, several recent signals suggest that this mechanics could weaken, even disappear.

Matt Hougan, Investment Director of Bitwise, determines this “The four -year cycle could have been completed, but to be officially, Bitcoin must behave well in 2026”. It attributes this possible break to the boom in Bitcoin ETF, to change the profile of investors and a more favorable regulatory environment.

If these factors modify the market structure, the historical connection between halves and the prices phases could lose its importance, which would predicts based on this uncertain scheme.

Therefore, Peter Brandt will be a test for the forecast and for the robustness of the cyclic model that led many investment strategies. If the price of bitcoins reaches the peak in the announced window, the supporters of the traditional cycle will see a confirmation. Otherwise, the market can enter an era where other forces, institutional, regulatory or macroeconomic, take precedence over historical monuments.

Luc Jose A.

A graduate of the Toulouse and the Blockchain Consultant Certification certification holder and I joined the adventure of Cointribuna in 2019. I convinced of the potential of blockchain to transform many economy sectors, committing to raising awareness and informing the general public about how the ecosysty developed. My goal is to allow everyone to better understand blockchain and take the opportunity they offer. I try to provide an objective analysis of messages every day, decrypt trends on the market, hand over the latest technological innovations and introduce the economic and social issues of this revolution.

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.