🔥 Peter Brandt Revives 2019 Bitcoin $100,000 Forecast Veteran trader Peter Brandt recently reposted his famous Bitcoin chart from June 2019, asserting that BTC’s “fourth parabolic phase” structure remains intact. When he first introduced this model seven years ago, Bitcoin was trading around $10,000, and Brandt set a target of $100,000. This move comes as BTC has just surpassed $80,000 and is now testing resistance near $82,000. According to his chart, Brandt’s long-term logarithmic chart shows Bitcoin still near the lower boundary of its multi-year uptrend channel; as long as this support level holds, the long-term bullish trend remains valid. Unlike in 2019, today’s market is further supported by institutional capital and spot Bitcoin ETFs. Notably, this is not a new price target from Brandt, but rather a revival of his 2019 model that forecasted BTC reaching $100,000.