[Peter Brandt: Bitcoin Could Reach $600,000 in This Cycle] Odaily Planet Daily reports that veteran trader Peter Brandt stated that Bitcoin has likely already exited the low point of this cycle and entered a new bull market cycle. He has revised his previous cycle peak prediction of $250,000 to $300,000 to a new range of $300,000 to $600,000 by the end of 2029, adding that reaching $500,000 is 'very possible.' However, Peter Brandt warned that Bitcoin might pull back to $65,000 to $66,000 in early October to flush out overleveraged positions. Brandt also expressed skepticism about the investment value of XRP, calling it a 'fool coin,' and noted that while XRP has payment utility and Ripple has banking partnerships, this does not necessarily mean its value will increase. (Cointelegraph)