Peter Brandt: The Bitcoin bear market channel has formed, and a bullish outlook can only be reconsidered if the price rises to $93,000

Jan 26, 2026 18:04:03

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Renowned trader and chart analyst Peter Brandt, who successfully predicted the Bitcoin crash in 2018, stated that the Bitcoin bear market channel has completed, issuing a sell signal once again.

Peter Brandt also noted that the chart could change at any time. The price needs to rise to $93,000 to offset the sell signal.

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