At the moment, Bitcoin is trading close to $67,800, with a daily trading volume around $45 billion according to CoinMarketCap. This price level has sparked a debate between two seasoned market analysts: Peter Brandt and Jurrien Timmer.
Peter Brandt’s recent Power Law V2.0 analysis suggests that Bitcoin ($BTC) is moving within a narrowing logarithmic channel where upward price swings are becoming less extreme. On the other hand, Jurrien Timmer from Fidelity takes an opposing stance by forecasting increasing valuation limits driven by wallet growth and waves of adoption for the cryptocurrency.
Bitcoin’s current position near the lower green support band in Brandt’s weekly chart structure turns this disagreement into more than just theory—it impacts real market positioning. Brandt bases his outlook on cyclical patterns.
In an update shared on X (formerly Twitter), Brandt emphasized a 53-week (371-day) cycle following each halving event that historically signals transitions between aggressive rallies and consolidation phases. His “Bitcoin Banana” model predicts future price peaks will shrink in size as volatility diminishes over time.
Hello @TimmerFidelity
It's intriguing that you have your own take on the Bitcoin Banana $BTC; while my forecast expects contraction, yours anticipates expansion.
By the way, your meal from Aruba looks amazing 🥩🥩🥩 pic.twitter.com/GpKw568xwy— Peter Brandt (@PeterLBrandt) February 11, 2026
If this framework holds true, Bitcoin would likely trade within an increasingly narrow range through Q4 of 2026 with potential support levels below today's prices.
Brandt vs. Timmer: Network Expansion or Market Maturity?
Timmer's approach links Bitcoin's value not just to chart patterns but fundamentally to network economics by analyzing wallet growth as indicators of demand cycles. He identifies five completed adoption stages so far and projects a sixth wave of expansion ahead.
This continued increase in users supports a long-term valuation range potentially reaching up to $290,425 — assuming ongoing participation metrics hold steady rather than relying solely on historical technical trends.
The critical factors for both perspectives throughout 2026 include:
- The duration of post-halving cycles: Will the established 371-day rhythm mark another significant market transition?
- The pace of wallet growth: Can network diffusion maintain momentum for Timmer’s anticipated sixth wave?
- The strength of support levels: Will Bitcoin decisively stay above or fall below its high-$60K zone?
For investors watching closely, these contrasting views boil down to two possible futures — one where structural maturity leads to compressed volatility (Brandt), or another where expanding adoption drives higher valuation ceilings (Timmer). The coming year will reveal which thesis better matches actual developments in the Bitcoin ecosystem.