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Veteran trader Peter Brandt analyzing Bitcoin price charts as BTC sell-off deepens.

Bitcoin Crash Target Lowered: Peter Brandt Revises BTC Forecast to $54K Amid Deepening Sell-Off

February 2, 2026 j n

Global, May 2025: The cryptocurrency market faces renewed pressure as veteran trader Peter Brandt revises his Bitcoin crash target downward to $54,000. This adjustment comes as Bitcoin’s price hovers near $74,000, extending a significant sell-off that has gripped digital asset markets. The move highlights growing technical concerns and coincides with a notable decline in futures […]