Peter Brandt: Bitcoin may bottom out at $40,000, and the Nasdaq Index is showing a possible top formation
ChainCatcher reports that renowned trader and chart analyst Peter Brandt posted that the daily chart of Nasdaq 100 mini futures (NQ) may be forming a "diamond" pattern, possibly indicating a market top. In addition, Peter Brandt recently predicted in an interview that Bitcoin may first rebound by $10,000, then fall to the high of $40,000, and form a bottom in early October 2026.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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