Peter Brandt Says Bitcoin May See a 'Terminal Wash-Out', No Tradable Low Until October

Veteran trader Peter Brandt said on June 4, 2026 that Bitcoin could still fall further and potentially face a "terminal wash-out," adding he does not expect a tradable low until October. He also pointed to a break below an ascending channel that guided price action from late February through May, which he views as confirming a trend reversal.