Peter Brandt Forecasts Bitcoin Recovery as Gold Eyes a Sharp Correction Toward $4,000

Jakarta, Pintu News – Peter Brandt, the veteran trader who successfully predicted Bitcoin’s fall below $63,000, has now released a new optimistic projection. Brandt said that “BTC has the potential to rally” further from its current price. Apart from crypto, he also highlighted the gold commodity with an ambitious price movement target towards the $4,000 level.

Peter Brandt: Bitcoin could rebound, but beware of further correction

Veteran trader Peter Brandt predicts Bitcoin (BTC) still has room for correction after plummeting more than 50% from its All-Time High. Previously, when BTC was still at $90,000, Brandt accurately projected a fall to the $58,000 area based on the four-year cycle.

Read also: Bitcoin Price Falls to $66,000 Today: Can Weekly Golden Cross Trigger a Rebound?

However, in his latest post on X, Brandt mentioned the opportunity for “BTC to rise” in the short-term as a form of technical rebound. He still maintains a bearish view for the short-term, but remains optimistic(bullish) for the long-term outlook.

Furthermore, Brandt categorically rejected other analysts’ claims that BTC is forming an Inverse Head and Shoulders pattern. He strongly criticized the lack of understanding of the basic principles of classic charts on social media. According to him, the current price movement is more influenced by macro pressures,outflows from spot Bitcoin ETFs, and on-chain data that still shows negative sentiment.

Meanwhile, a report from Matrixport shows that Bitcoin’s (BTC.D) dominance is starting to hold at 58% and is no longer showing a strong upward trend. This indicates that capital has not fully returned to Bitcoin to trigger a new uptrend momentum.

Some experts think Bitcoin price may continue to move flat or be “stuck” in a consolidation phase at least until next March.

‘Rising Wedge’ Pattern Detected: Peter Brandt Forecasts Gold Price to Fall to $4,000

Peter Brandt’s classic chart analysis shows that the recent gold price movement is forming a rising wedge correction pattern. Brandt predicts a “textbook” decline with an initial test target of $4,430, and a potential deeper correction to $4,000.

Read also: Antam Gold Price Chart Today, Thursday, February 19, 2026

Despite predicting a sharp fall, Brandt views the $4,000 level as a strong accumulation zone. He plans to go on a massive buying spree (buying program) once the price reaches that bottom and will inform his community when the accumulation begins.

This bearish projection contrasts with the current market momentum, where gold prices are trying to recover towards $4,950. In fact, some speculative traders in the COMEX futures market are starting to go long with ambitious targets in the $15,000-$20,000 range.

However, Brandt warned of the risk ofprofit-taking and selling pressure fromtokenized gold that could pressure prices in the near term.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Veteran Trader Peter Brandt Predicts Bitcoin Price Rebound, Gold Fall to $4,000. Accessed on February 19, 2026