Peter Brandt says Bitcoin could reach $600,000 by 2029, with the current cycle topping out somewhere between $300,000 and $600,000. The veteran chartist also told his audience that an October pullback could be a chance to buy rather than a reason to panic. And he hasn't softened on XRP, which he's still calling a 'fool coin.'
The 2029 number, and the range under it
Brandt's headline call is $600,000 by 2029. That's the ceiling of his own range, not a base case. He puts the next cycle peak between $300,000 and $600,000. The spread matters more than the top number. A $300,000 peak and a $600,000 peak are very different trades, and Brandt isn't pretending otherwise.
He's a chart guy. Range-based targets are how chart guys talk, and this one is wide enough to cover a lot of outcomes. Still, $600,000 by 2029 is the line that will travel.
Why October matters to him
Brandt expects a pullback in October and frames it as a buying opportunity. That's a specific, time-bound call. Not 'sometime in the next cycle.' October. If the dip shows up, he's already told you what he'd do with it.
Note the tension here. A cycle peak of $300,000 to $600,000 implies a lot of upside still ahead. An October pullback implies pain first. Both can be true, and Brandt is comfortable holding both ideas at once.
XRP is still the 'fool coin'
Brandt hasn't changed his mind on XRP. He calls it a 'fool coin' and isn't sold on it. That's it. No nuance, no hedge. Whatever else you take from his cycle view, he's not extending it to XRP.
The label has followed him before. It's a blunt way to say he sees no value there, and he's not dressing it up.
The obvious question about the top of the range
Will it be $300,000 or $600,000? Brandt doesn't say. He gives you the range and the deadline, and leaves the rest to the chart. The next concrete thing to watch is October. If a pullback lands, his buy-the-dip call gets tested in real time — and we'll find out whether the range holds up or gets redrawn.
