Peter Brandt Revives His Legendary 2019 Parabolic Target for Bitcoin

Factor LLC CEO Peter Brandt has brought back to the spotlight his iconic logarithmic chart from June 2019, indicating that the structure of Bitcoin's fourth parabolic phase remains valid.

The return of the archived forecast coincided with the cryptocurrency's push through $80,000 and a test of strong resistance at $82,000. According to analysts, the Wall Street veteran's repost directly indicates that the asset's multi-year bullish trend remains intact.

In the original post from June 2019, when Bitcoin was trading at only around $10,000, Brandt predicted a target of $100,000. Based on Factor LLC's charts, the analyst with 45 years of experience showed that no traditional asset — including Apple, Amazon, Netflix and gold — could replicate the cryptocurrency's cyclical performance. 

Historical data recorded gains of 20x, 489x, 42x and 93x in Bitcoin's previous cycles, respectively.

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In September 2026, the chart returned to the spotlight because of the structure of BTC's price action. The weekly logarithmic chart shows that the current price is compressed near the lower boundary of the historic ascending channel, repeating a phase of broad accumulation.