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Peter Brandt: Bitcoin may bottom out at $40,000, and the Nasdaq Index is showing a possible top formation

Peter Brandt: Bitcoin may bottom out at $40,000, and the Nasdaq Index is showing a possible top formation

ChaincatcherChaincatcher2026/07/17 12:05
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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.

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