Bitcoin’s Next Downside Target Could Be $58,000, Warns Peter Brandt
Veteran trader Peter Brandt has warned that Bitcoin’s recent sell-off is likely not finished, identifying $58,000, which he refers to as “58th Street”, as the next major downside target following the sharp market flush on January 31, 2026. Brandt’s assessment comes after Bitcoin was decisively rejected from the $100,000 psychological level earlier in the month, […]
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02 Feb 2026 | 14:13