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Bitcoin eyes $80K as Peter Brandt revives his 2019 parabolic target, signaling ongoing bullish trend.

Market News
06 Sep 2026
UToday
View Source
Bullish
Bitcoin eyes $80K as Peter Brandt revives his 2019 parabolic target, signaling ongoing bullish trend.

Peter Brandt, a veteran analyst, has revived his 2019 logarithmic chart predicting Bitcoin's parabolic rise, coinciding with Bitcoin nearing $80,000 and testing resistance at $82,000. His model, originally forecasting $100,000 when Bitcoin was around $10,000, remains relevant as institutional support now underpins the market, unlike the retail-driven surge in 2019. Although Bitcoin's massive market cap limits the potential for 100x returns, the parabolic trend persists as long as key support levels hold, suggesting continued growth potential despite expected price fluctuations.

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