14 Months of Patience: Brandt & Polymarket Degens Say Bitcoin's Next ATH Isn't Coming Until 2027

Veteran trader Peter Brandt doesn't see Bitcoin reclaiming its all-time high anytime soon. Speaking to Cointelegraph, the chart-watching OG stated he doesn't expect a new price high in 2026—not until maybe Q2 2027, though he acknowledged "this is all guesswork." Apparently, 14 months of sideways action just wasn't enough punishment for those who bought the dip.

The crypto prediction crowd on Polymarket is equally unimpressed, assigning just a 15% probability that Bitcoin will reclaim $120,000 this year. For context, that's roughly the same odds as finding a functioning USB-C cable in a degenerate's desk drawer.

Bitcoin hit its ATH of $126,100 back in October and currently sits at $66,329—a humble 47% haircut from the peak. After touching a yearly low of $60,000 on Feb. 6, Brandt suggested we might not have seen the bottom yet, forecasting potential retests to September/October price levels. Because what's a crypto winter without at least one dramatic cliff dive?

"That would then be the bear cycle low, and a new bull cycle would begin," Brandt noted. Words to live by, or possibly a cursed jinx—time will tell which.

On-chain analyst Willy Woo recently chimed in, suggesting from a liquidity standpoint