Will Bitcoin Price Reach $250K by 2026 End? Analyst Weighs In
Bitcoin Will Bitcoin Price Reach $250K by 2026 End? Analyst Weighs In Bitcoins latest rebound has renewed debate over whether the asset can reach $250,000 before the end of 2026. Veteran trader Peter Brandt has pushed back against that target, saying the current chart does not show the type of bottom pattern needed for such a move. Bitcoin is trading near $77,000 after slipping from recent intraday levels. Market data also shows higher trading volume, while derivatives activity points to profit-taking among traders. Peter Brandt Rejects $250K Bitcoin Call Peter Brandt addressed the $250,000 Bitcoin forecast in an April 28 post on X. He said traders making that prediction should reassess the current chart structure. Brandt shared a daily Bitcoin chart and described the setup as an ascending channel. The veteran trader Bitcoin may still record further gains. However, he rejected the idea that the asset has formed a bullish bottoming pattern. He also dismissed claims that Bitcoin is forming a flag pattern on the chart. Brandt‘s comments came as some market figures continue to issue higher Bitcoin targets. Fundstrat’s Tom Lee and author Robert Kiyosaki have linked their bullish views to institutional demand, spot Bitcoin ETF inflows, and improving U.S. crypto regulation. However, Brandts view focuses