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Analyst Peter Brandt Hints Bitcoin Could Drop to $58,000

2026-02-01 11:38

Odaily News According to a post on X by renowned trader and chart analyst Peter Brandt, who successfully predicted Bitcoin's crash in 2018, Bitcoin is hinted to fall to $58,000. The attached chart shows BTC near the lower boundary of its logarithmic channel, suggesting a continuation of the bearish trend.