Peter Brandt Sees a $600,000 Bitcoin Path While XRP’s Chart Pulls Him Back

Veteran chartist Peter Brandt is laying out one of the widest Bitcoin targets in the current cycle: a possible late-2029 peak somewhere between $300,000 and $600,000. At the same time, he remains deeply skeptical of the investment case for XRP—even as his own charts keep finding reasons not to dismiss it.

That tension is the useful part of the story. Brandt is separating each token’s narrative from the price structure sitting in front of him.

In a new interview summarized by Cointelegraph, Brandt said Bitcoin may already have established its cycle low near $58,000 in late June. He now believes the next major peak could arrive in late 2029 between $300,000 and $600,000, with roughly $500,000 well within the range he considers possible.

Brandt also sees room for an October shakeout toward $65,000 or $66,000 after traders chased Bitcoin back toward the mid-$80,000s. The market can remain bullish while punishing late buyers who assume every breakout will continue without interruption.

Brandt’s framework relies more on market structure and cycle timing than on attaching a fresh political or regulatory headline to every move. That approach matters now because Bitcoin has rallied sharply while institutional demand, bond yields and risk appetite are all pulling in different directions.

Brandt remains unconvinced that XRP’s usefulness for payments or Ripple’s banking relationships automatically make the token more valuable as an investment. In his view, transactional utility alone does not create scarcity or durable demand.

His recent charts are less dismissive than his language. In a September 27 post, Brandt said an investor does not have to join XRP’s most zealous fan culture to recognize that the chart can still offer a tradeable opportunity.

It is not necessary to be a certified cult member to be an interested owner of a crypto $XRP
The charts alone have always been enough reason for us to make a bet
There is a difference between being open minded and having a hole in the dead pic.twitter.com/YAnP0GGBBV

— The Factor Report (@PeterLBrandt) September 27, 2026

The chart covers more than a decade of XRP price history and highlights long compression periods that preceded major advances. Those earlier moves show why Brandt can dislike the fundamental pitch while respecting the technical setup, even though the pattern may fail this time.

A separate long-term chart posted September 21 went further, mapping an eventual move toward $5.40. Finbold noted that Brandt carefully distinguished publishing a chart from proof that he entered a trade or a recommendation for anyone else to buy.

This is my long-term chart of ripple:native It implies an eventual advance to $5.40
A claim of a "call" or simple presentation of a chart is NOT a trade People who claim "trades" need to provide proof or else the claims are BS An X post is NOT proof pic.twitter.com/Szu6FiZq2T

— The Factor Report (@PeterLBrandt) September 21, 2026

Brandt’s Bitcoin and XRP views share one principle: price action gets the final vote. He sees a path to a half-million-dollar Bitcoin while allowing for deep pullbacks.

He also rejects the popular XRP investment narrative while acknowledging a chart structure that may reward a measured bet. A long-term target has no timetable, a chart is not a completed trade, and utility does not automatically create value.

When narrative and structure disagree, the disagreement can reveal where the next important market test is forming.

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