Brandt forecast Bitcoin would reach 58,000–62,000, and prices entered that range months later during 2026.Bitcoin fell to approximately $57,717 on July 1 before rebounding toward $79,500 by August 21.Brandt abandoned his later bearish outlook after an inverse head-and-shoulders pattern completed, buying the breakout.U.S. spot Bitcoin ETFs drew $1.92 billion across five sessions during the latest weekly rally.Treasury will double long-dated buybacks to at least $4 billion per operation beginning September 9.