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Peter Brandt suggests that Bitcoin's next all-time high may not occur until 2027, citing a complex base structure and the need for a final cleansing decline. He emphasizes the importance of patience in the current volatile market.
As the crypto market is attempting to recover from the difficult volatility of the past weekend, legendary analyst and trader with 50 years of experience Peter Brandt has presented an updated Bitcoin outlook. The verdict at the start of the week is rather philosophical — patience is the highest virtue, and new all-time highs for BTC, in this context, are being postponed.
Relying on historical analogies, in particular a copper chart from 50 years ago, Brandt points to the formation of a complex base structure in Bitcoin’s price, the "Compound Fulcrum." The essence of this pattern is that it is not a V-shaped rebound but a prolonged and painful process of bottom formation with complex breakouts in both directions.
According to Brandt, the market still lacks a final cleansing decline within this framework, and the current chart structure appears incomplete without a retest of the February lows, set at the $60,000 level for BTC.
Sub 66 then blow thru 75
— The Factor Report (@PeterLBrandt) April 13, 2026
Therefore, Brandt leans toward a more rigid scenario, which can be summarized briefly as follows: Bitcoin needs to establish itself below $66,000 to remove liquidity and disappoint the last remaining optimists. Only after that can a confident impulse occur that breaks through the $75,000 level.
As for the planning horizon, the veteran trader believes that a full bull cycle will not resume before 2027. The year 2026, in his view, will remain a period of chop or a "crab market," as some call it, and accumulation.
For long-term holders, this outlook serves as a signal to watch the $60,000 to $64,000 per BTC range as a zone of a potential true local bottom.
Peter Brandt believes that Bitcoin's next all-time high may be delayed until 2027 due to an incomplete chart structure and the need for a final cleansing decline.
The 'Compound Fulcrum' pattern refers to a prolonged bottom formation in Bitcoin's price, characterized by complex breakouts rather than a quick rebound.
Peter Brandt mentions that the February lows for Bitcoin were set at the $60,000 level, which he believes needs to be retested.

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