Brandt says Bitcoin yet to bottom, Polymarket sees hope: Trade Secrets

CoinTelegraph

by Ciaran Lyons

February 13, 2026

AI-Generated Deep Dive Summary

Veteran trader Peter Brandt warns that Bitcoin’s market decline may not yet have reached its lowest point, with a potential bottom as low as $50,000-$60,000 by mid-2026. Brandt, known for his accurate price predictions, expressed surprise at how predictable Bitcoin’s cyclic behavior has been and hinted at further downward movement in the near term. Meanwhile, crypto sentiment remains highly bearish, with Santiment data showing historically low optimism levels, which often precede market recoveries. In Ethereum’s case, BitMEX co-founder Arthur Hayes predicts continued sideways trading for ETH until liquidity improves. However, Michaël van de Poppe of MN Trading Capital sees a potential buying opportunity in Ethereum, citing strong growth in stablecoin transactions and comparing the current narrative to 2019’s market dynamics. Despite this optimism, Ether prices have fallen significantly over the past month, reflecting broader crypto market weakness. The broader crypto landscape is marked by extreme fear and uncertainty, with Santiment noting that historically, such sentiment has often signaled a bullish turn. With Bitcoin dominating market attention and altcoins struggling to gain traction, investors are closely watching for signs of stabilization or recovery in both major cryptocurrencies. The combination of bearish sentiment, predictable price cycles, and potential opportunities in Ethereum makes the current crypto environment both challenging and potentially rewarding for those willing to navigate it carefully.

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Originally published on CoinTelegraph on 2/13/2026