Peter Brandt: Bitcoin cycle will hit bottom in October 2026, outperforming AI stocks

Peter Brandt expects Bitcoin's current cycle to bottom out on October 4, 2026, and believes that Bitcoin will perform better than AI stocks in the next two to three years. Peter Brandt believes that the price of Bitcoin may fall below $50000 and enter the latter half of the $40000 range. Peter Brandt disagrees with the view that a bottom has been built around $60000. Peter Brandt tends to allocate 50% of his $10000 funds to Bitcoin and 50% to precious metals. Peter Brandt predicts that the top of Bitcoin's next cycle will occur in 2029, with a target price of $250000 to $300000, and believes that there is a possibility for Bitcoin to reach $1 million.