Peter Brandt Revives His Legendary 2019 Parabolic Target for Bitcoin

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Factor LLC CEO Peter Brandt has brought back to the spotlight his iconic logarithmic chart from June 2019, indicating that the structure of Bitcoin’s fourth parabolic phase remains valid.

The return of the archived forecast coincided with the cryptocurrency’s push through $80,000 and a test of strong resistance at $82,000. According to analysts, the Wall Street veteran’s repost directly indicates that the asset’s multi-year bullish trend remains intact.

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In the original post from June 2019, when Bitcoin was trading at only around $10,000, Brandt predicted a target of $100,000. Based on Factor LLC’s charts, the analyst with 45 years of experience showed that no traditional asset — including Apple, Amazon, Netflix and gold — could replicate the cryptocurrency’s cyclical performance. 

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Bitcoin weekly log chart showcasing historical parabolic advances and trend channels, Source: Peter Brandt via TradingView

Historical data recorded gains of 20x, 489x, 42x and 93x in Bitcoin’s previous cycles, respectively.

Driven by institutions, not retail: why Bitcoin’s 2019 parabolic model still works in 2026.

In September 2026, the chart returned to the spotlight because of the structure of BTC’s price action. The weekly logarithmic chart shows that the current price is compressed near the lower boundary of the historic ascending channel, repeating a phase of broad accumulation.

Institutional support is the clearest difference between the current phase and the market conditions of 2019. Seven years ago, the parabola was fueled purely by speculation and retail investor sentiment.

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Today, the channel’s stability is supported by major funds and systematic capital inflows through spot ETFs. Because of its enormous market capitalization, Bitcoin will struggle to deliver its previous 100x returns — the effect of diminishing returns — but the logarithmic trajectory itself remains unchanged.

Brandt’s model remains a key benchmark for the market, confirming that the parabolic scenario remains valid as long as the critical support lines hold.

The path to new highs will not be linear. However, as long as the lower boundary of the trend holds, Bitcoin will continue to play its own game — one that simply has no equivalent in the history of global finance.



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