struggles to consolidate under its previous peak, seasoned analyst Peter Brandt suggests that the current market cycle is not yet complete. According to Brandt, the structure of cycles that span over several years may allow for a more severe pullback before a lasting bottom is formed. He hints at volatile and unsettling price movements in the short term, predicting that the next major bull peak could be delayed until around September 2029. This discussion reignites the debate on whether Bitcoin’s weakness presents an opportunity or a warning for altcoins. window.lazyLoadOptions=Object.assign({},{threshold:300},window.lazyLoadOptions||{});!function(t,e){"object"==typeof exports&&"undefined"!=typeof module?module.exports=e():"function"==typeof define&&define.amd?define(e):(t="undefined"!=typeof globalThis?globalThis:t||self).LazyLoad=e()}(this,function(){"use strict";function e(){return(e=Object.assign||function(t){for(var e=1;e
Brandt’s Perspective on Market Bottom
Peter Brandt emphasizes that Bitcoin’s long-term charts indicate that cycles are completed over years rather than months, hinting that the current structure appears unfinished. He notes that the price remaining significantly below its recent peak and the lack of strong momentum return could indicate that the deep cleansing process in the market has not yet concluded.
Brandt’s cautious stance is based on Bitcoin’s recurring pattern over the past 15 years. This behavioral pattern involves severe corrections following significant parabolic rises that wipe out excessive leverage and speculation, paving the way for a new cycle. This historical pattern leads the analyst to keep “worse case” scenarios on the table.
In more extreme assumptions, Brandt points to the mid-20,000 dollar range as a potential cycle bottom, suggesting the risk of falling below 60,000 dollars should not be ignored if selling pressure accelerates.
What Awaits the Altcoin Front?
Bitcoin’s failure to maintain critical psychological levels and signals of market share softening direct some investors toward the potential for capital rotation. Historical cycles have shown relative performance increases in specific segments of altcoins while Bitcoin hovered in a horizontal range, bringing similar expectations back to the forefront. Ethereum $2,952.28, DeFi, tokenization, and their central roles in institutional experiments are frequently cited as potential beneficiaries. A scenario where Bitcoin lacks direction could see selected altcoin projects shine.
On the other hand, analyst Benjamin Cowen highlights that a broad-based altcoin rally may not occur unless macroeconomic and monetary conditions are favorable. Cowen argues that investors lingering with expectations of a weak altcoin season could see these unmet expectations deferred to 2026. He adds that long-term wealth building is more about holding robust, quality assets rather than chasing speculative narratives.
Currently, there is no clear consensus within the altcoin market. Asset managers like Bitwise believe that if liquidity conditions become favorable, Bitcoin, Ethereum, and Solana could reach new peaks in 2026. Experts like Arthur Hayes, however, describe the altcoin season not as a one-time event but as an ongoing process driven by narrative shifts and capital flows changing waves.
