Bitcoin Holds $67,800 As Peter Brandt and Jurrien Timmer Split on 2026 Paths

TLDR

Table of Contents

Bitcoin traded near $67,800 with about $45B in daily volume, per CoinMarketCap.
Peter Brandt’s Power Law V2.0 expects narrower peak ranges as volatility declines.
Brandt cited a 53-week, 371-day post-halving rhythm seen in prior cycles.
Jurrien Timmer links BTC value bands to wallet growth and a possible sixth adoption wave.

Bitcoin is trading near $67,800, and two veteran market watchers are using that level to frame 2026. Peter Brandt and Fidelity’s Jurrien Timmer are sharing different macro models for BTC’s next phase.

The split is not about one chart point, but about what drives Bitcoin’s longer path in 2026. Brandt focuses on repeating cycle structure, while Timmer ties price bands to network adoption.

Bitcoin at $67,800 sets the stage for the model debate

Bitcoin traded near $67,800 at the time of writing, and reported daily volume sat near $45 billion. The figures were cited by CoinMarketCap, and they place BTC near a key zone in both models.

Brandt’s weekly view places price near a lower support area inside his channel framework. That placement matters because his model expects tighter ranges as cycles progress.

Brandt’s Power Law V2.0 points to compressed peaks

Brandt’s current outlook is based on what he calls Power Law V2.0 and a narrowing corridor. He has described the structure as the “Bitcoin Banana,” which suggests shrinking extremes over time.

In a recent post on X, Brandt referred to a 53-week, or 371-day, post-halving rhythm. He linked that window to prior transitions between strong rallies and later consolidation regimes.

Hello @TimmerFidelity
Interesting that you are playing around with your own version of the Bitcoin Banana $BTC although whereas my forward look calls for a narrowing, yours calls for broadening
Your food from Aruba looks fabulous 🥩🥩🥩 pic.twitter.com/GpKw568xwy
— Peter Brandt (@PeterLBrandt) February 11, 2026

Under this approach, BTC could stay inside a tighter range through parts of 2026. Brandt’s framing also allows for a lower structural floor if key support levels fail.

Timmer’s Fidelity model tracks wallet growth and adoption waves

Fidelity macro director Jurrien Timmer uses a model that leans on network economics and diffusion. He maps wallet growth to demand waves, and he treats adoption as a driver of valuation ceilings.

Timmer’s framework identifies five completed phases and anticipates a sixth expansion wave. Under that path, the upper valuation corridor can extend higher if participation keeps rising.

The model is presented as conditional rather than automatic, because wallet growth must continue. If diffusion slows, the model’s ceiling may not act as a near-term price target.

2026 checkpoints investors are watching

Both approaches point to measurable checkpoints that can be tracked during 2026. One is the post-halving timing, including whether the 371-day rhythm aligns with a regime shift.

Another is wallet growth acceleration, because it is central to Timmer’s adoption-based bands. A third is support integrity, since the high $60,000 area is a shared reference point.

Market participants are now weighing whether BTC shows structural maturity with lower volatility. They are also watching for renewed adoption that could widen valuation ceilings toward $290,425.