Key Takeaways
- Peter Brandt says Bitcoin could form an “investable low” in September or October.
- After this, Brandt believes Bitcoin will rally to between $300,000 and $500,000.
- AI models remain divided.
Veteran trader Peter Brandt’s prediction that Bitcoin will form an “investable low” in September or October has returned to the spotlight as the window approaches, with the analyst arguing the next bull-market peak could eventually reach between $300,000 and $500,000.
While the prediction depends on Bitcoin’s historic cycle pattern continuing, improving spot ETF demand has prompted hopeful speculation that a multi-year bull market could eventually emerge.
Peter Brandt’s $300K Bitcoin Price Forecast
Brandt, one of the longest-serving technical analysts in financial markets, first outlined the forecast in April, arguing that Bitcoin has displayed one of the most consistent cyclical patterns of any traded asset over the past 15 years.
“Should Bitcoin continue with the most remarkable cyclic patterns of any market in the past 15 years, an investable low is scheduled for Sep/Oct 2026,” Brandt wrote on X.
He cautioned that the expected bottom could either hold above or briefly undercut February’s low before the next bull cycle begins.
“That low might or might not penetrate the Feb 2026 low.”
If the historical rhythm remains intact, Brandt believes Bitcoin’s next major bull-market peak could arrive around September or October 2029.
“The next high (should patterns continue) will be between $300k and $500k in Sep/Oct 2029.”
The projected timing broadly aligns with Bitcoin’s historical four-year halving cycle, with previous major bull markets typically peaking around 12 to 18 months after supply reductions.
Bitcoin’s next halving is expected in 2028.
Brandt Has Called Major Bitcoin Price Moves Before
Brandt’s latest forecast has drawn additional attention after several of his previous Bitcoin calls proved broadly accurate.
Earlier this year, Brandt warned Bitcoin could decline into the $58,000 to $62,000 range if bearish technical conditions persisted.
“$58,000 to $62,000 is where I think it is going BTC,” Brandt wrote at the time.
Weeks later, Bitcoin fell into that range during its latest correction before stabilizing near current levels.
However, his best-known forecast came in January 2018, when Bitcoin was trading above $10,000.
After identifying a double-top formation, Brandt warned Bitcoin could fall below $4,000.
Bitcoin ultimately finished that year below $4,000, following one of the largest bear markets in its history.
Despite those successful calls, Brandt has repeatedly acknowledged that technical analysis remains probabilistic — and risk should be taken when listening to his calls.
On his recent $60,000 call, Brandt said: “If it does not go there, I will NOT be ashamed. I am wrong 50% of the time.”
ETF Demand Begins Stabilizing Again
Bitcoin’s recent correction has also coincided with signs that institutional selling pressure may be easing.
According to SoSoValue, US spot Bitcoin exchange-traded funds attracted $265 million in net inflows on Monday, followed by $21.4 million on Tuesday.
Although the products recorded combined net outflows of roughly $180 million over Wednesday and Thursday, they returned to positive territory on Friday with approximately $90 million of fresh inflows.
This left the overall trading week positive.
Spot Ethereum ETFs followed a similar pattern, ending the week with net inflows after previously experiencing several weeks of redemptions.
“The most overwhelming ETF distribution wave of this bear market has ended,” Swissblock said.
If ETF demand continues recovering, it could provide one of the structural catalysts Brandt’s longer-term bullish cycle would require.
Bitcoin’s Price Under Pressure — What Is Needed To Get To $300,000?
Bitcoin was trading around $62,793 at the time of reporting, according to CoinMarketCap.
Technically, Bitcoin remains below several short-term moving averages, leaving the $63,000 region as an important resistance level.
For Brandt’s longer-term projection of $300,000 to materialize, Bitcoin would need to rise approximately 376%, or almost 4.8 times its current value.
To assess whether Brandt’s long-term target is realistic, CCN asked ChatGPT, Claude, Gemini, and Grok whether Bitcoin could reach $300,000 during the next major bull cycle.
ChatGPT
ChatGPT said a move to $300,000 is plausible but far from guaranteed.
“The historical halving cycle provides a credible framework for higher long-term prices, particularly if institutional demand continues accelerating through spot ETFs,” the model said.
However, it added that Bitcoin would likely require “a sustained period of global liquidity expansion.”
“It’s possible, but do not bet on it,” it added.
Grok
Grok was strongly opposed to the idea that Bitcoin could reach $300,000, maintaining its characteristically sassy tone.
“You want an almost 5x growth to $300,000 by September 2027? That’s not a prediction, that’s a crypto fanfic with extra hopium,” it wrote.
It added that “most sane forecasts” have it priced between $80,000 to $150,000 amid a proper bull cycle.
“The moonboys screaming $300k–$1M are out here coping harder than a dude who bought the 2021 top,” it said.
Gemini
Gemini said Brandt’s forecast was plausible, though it stressed that reaching $300,000 would depend on several long-term trends aligning.
“If Bitcoin continues strengthening its position as digital gold while institutional adoption accelerates, a $300,000 valuation is achievable over the longer term,” Gemini said.
However, the AI cautioned that persistent high interest rates and tighter regulation could significantly slow Bitcoin’s path toward such a valuation.
Claude
Claude took another conservative stance.
While acknowledging that Bitcoin has previously produced gains exceeding 400% during bull markets, it argued that the asset’s growing size makes repeating those percentage returns increasingly difficult.
“Bitcoin reaching $300,000 is possible over multiple years, but investors should recognise that larger market capitalisations generally produce diminishing percentage gains.”
Claude said another significant wave of sovereign wealth funds and financial institutions allocating capital to Bitcoin would be needed.
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Kurt Robson is a London-based reporter at CCN, specialising in the fast-moving worlds of crypto and emerging technology. He began his career covering local news in Cornwall after graduating from Falmouth University with First Class Honours in Journalism. There, he cut his teeth on everything from council meetings to missing swans.
He quickly rose through the ranks to become a frontline journalist at several of the UK’s leading national newspapers. Over the years, he has interviewed musicians and celebrities, reported from courtrooms and crime scenes, and secured multiple front-page exclusives.
Following the upheaval of the COVID-19 pandemic, Kurt shifted his focus to technology journalism—just ahead of the AI boom. With a natural curiosity and a trained eye for emerging trends, he has found a new rhythm in reporting on innovation.
At CCN, Kurt's work focuses on the cutting edge of crypto, blockchain, AI, and the evolving digital world. Drawing on his background in people-first reporting and his deep interest in disruptive tech, Kurt delivers stories that are insightful, entertaining, and human-centric.
