[Peter Brandt Hints Bitcoin Will Drop to $58,000] BlockBeats News, February 1: Renowned trader and chart analyst Peter Brandt, who successfully predicted Bitcoin's crash in 2018, posted this morning hinting that Bitcoin will drop to $58,000. The attached chart shows BTC near the lower boundary of the logarithmic channel, suggesting the continuation of the bear market. The day before, Peter Brandt had predicted that 'Bitcoin will bottom out and rebound between August and October, then soar all the way up.'