{"id":20190,"date":"2026-01-20T08:57:00","date_gmt":"2026-01-20T08:57:00","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-bulls-risk-further-pain-as-peter-brandt-flags-bearish-channel\/"},"modified":"2026-01-20T08:57:23","modified_gmt":"2026-01-20T08:57:23","slug":"bitcoin-bulls-risk-further-pain-as-peter-brandt-flags-bearish-channel","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-bulls-risk-further-pain-as-peter-brandt-flags-bearish-channel\/","title":{"rendered":"Bitcoin bulls risk further pain as Peter Brandt flags bearish channel"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Veteran trader Peter Brandt warns Bitcoin\u2019s bearish channel could trigger further downside unless strong buying breaks key resistance.<\/p>\n<div id=\"cn-block-summary-block_b0330d6de0491af73c96558699f2cd05\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Veteran trader Peter Brandt flags a bearish, downward-sloping channel in Bitcoin near six-figure resistance.\u200b<\/li>\n<li>He warns BTC could move into a lower price range if buying pressure stays weak, while stressing his forecasts can be wrong.\u200b<\/li>\n<li>Bitcoin remains volatile amid macro and regulatory headwinds as analysts track key technical levels for its next major move.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Veteran trader Peter Brandt, who accurately predicted Bitcoin\u2019s (BTC) 2018 decline, has issued a warning regarding potential downward price movement for the cryptocurrency, according to a chart shared on social media platform X.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">58k to $62k is where I think it is going <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">$BTC<\/a><br \/>If it does not go there I will NOT be ashamed, so I do not need to see you trolls screen shot this in the future<br \/>I am wrong 50% of the time. It does not bother me to be wrong <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/NDOuSrqLwa\">pic.twitter.com\/NDOuSrqLwa<\/a><\/p>\n<p>\u2014 Peter Brandt (@PeterLBrandt) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/twitter.com\/PeterLBrandt\/status\/2013390022506864827?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"nofollow\">January 19, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Brandt highlighted key resistance levels for Bitcoin near the six-figure price point in his analysis. The trader indicated that Bitcoin remains within a bearish, downward-sloping channel pattern, according to his post.<\/p>\n<h2 class=\"wp-block-heading\">Peter Brandt says Bitcoin has lower to go<\/h2>\n<p>The analysis suggested that without strong buying pressure, Bitcoin could experience additional downward movement. Brandt stated that the price could move to a lower range, while acknowledging uncertainty in market predictions.<\/p>\n<p>Brandt, who has decades of trading experience, noted in his post that his forecasts are not always accurate, stating he would not be ashamed if proven incorrect.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Bitcoin has faced increased volatility in recent months as the cryptocurrency market responds to various macroeconomic factors and regulatory developments. The digital asset previously reached all-time highs before experiencing significant price fluctuations.<\/p>\n<p>Market analysts continue to monitor key technical levels and trading patterns as investors assess the cryptocurrency\u2019s near-term trajectory.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Veteran trader Peter Brandt warns Bitcoin\u2019s bearish channel could trigger further downside unless strong buying breaks key resistance. Summary Veteran trader Peter Brandt flags a bearish, downward-sloping channel in Bitcoin&hellip;<\/p>\n","protected":false},"author":1,"featured_media":15714,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-20190","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20190","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=20190"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20190\/revisions"}],"predecessor-version":[{"id":20191,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/20190\/revisions\/20191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/15714"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=20190"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=20190"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=20190"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}