Peter Brandt: The Bitcoin bear market channel has formed, and a bullish outlook can only be reconsidered if the price rises to $93,000

2026-01-26 18:04:03

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Renowned trader and chart analyst Peter Brandt, who successfully predicted the Bitcoin crash in 2018, stated that the Bitcoin bear market channel has completed and has issued a sell signal again.

Peter Brandt also pointed out that the chart could change at any time. The price needs to rise to $93,000 to offset the sell signal.

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Risk warning

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BTC sell signal bear market channel

2026-04-05 18:30

Analysis: The average cost of BTC loss-making positions is $93,600, and a large number of high-position trapped positions have been cut and exited

2026-04-05 17:01

Data: In the past 24 hours, the total liquidation across the network was $97,428,200, with long positions liquidated at $57,555,000 and short positions liquidated at $39,873,200

2026-04-05 16:30

Data: The current 8-hour average funding rate for BTC across the entire network is 0.0002%

2026-04-05 16:00

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BTC sell signal bear market channel