Trader Peter Brandt presented updated logarithmic curves for Bitcoin and suggested the current price reached the model’s upper boundary.

Model indicates resistance and historical corrective behavior

Brandt showed revised logarithmic modeling for BTC and noted that, historically, reaching the upper edge of this model has often preceded price corrections.

Potential support levels and upper bound

According to his analysis, the lower edge of the green zone may provide support in the range of $40 000–$45 000, while the model’s upper boundary runs below $70 000.

Implications for traders

Brandt’s charting does not predict exact timing but highlights a structural risk that market participants should consider within their risk management frameworks.

Market observers note that technical models represent one lens on price action and should be evaluated alongside on‑chain metrics and broader macro conditions.