Peter Brandt Warns Bitcoin Could Retest $125,100 Next Week — But May Pull Back to $50K–$60K

On October 15, COINOTAG reported that veteran chart analyst Peter Brandt signalled a potential technical setup in which Bitcoin could attempt a retest of its all-time high at $125,100 within a short time frame, while emphasising the likelihood of a preceding corrective phase. His view frames the move as contingent on prevailing market structure and momentum, rather than a certainty, underscoring the importance of disciplined risk management amid elevated volatility.

Brandt also highlighted an alternative downside scenario in which a breach of the key parabolic support has historically preceded steep drawdowns — instances that saw declines near 75% — and he noted that although an 80% correction appears less likely, a meaningful retracement to the $50,000 to $60,000 range cannot be discounted. Traders should weigh technical signals and liquidity conditions when sizing positions.