[KOL Insight] Peter Brandt: Bitcoin’s本轮周期’s final bottom may occur around October 4, 2026 On July 20, renowned analyst Peter Brandt told Cointelegraph that Bitcoin could decline further below $50,000, possibly into the lower $40,000 range (based on the current price of approximately $63,000–$66,000, aligning with historical bear market retracements of over 80%). He emphasized that market bottoms are typically accompanied by panic and heavy selling, while current sentiment remains only “neutral.” Additionally, Brandt warned that AI stocks are currently overvalued and suggested that buying Bitcoin (paired with precious metals) would outperform buying AI stocks at their current highs over the next 2–3 years. If he had $10,000 to invest today, he would allocate 50% to Bitcoin and 50% to precious metals. He expects Bitcoin’s next cycle peak to occur around 2029, with a potential price target of $250,000–$300,000. 📝 MyToken Note: Peter Brandt is a legendary commodity/futures trader with 50 years of experience, renowned for his long-term cycle analysis. He is the author of classics such as “Diary of a Professional Commodity Trader.” He gained prominence in the crypto space later in his career and accurately identified key turning points, including Bitcoin’s 2017 top. ⚠ This content is for informational purposes only and does not constitute any trading recommendation. Original link: https://t.co/NrhKzbJhwe