- Peter L. Brandt, an experienced trader, believes that Bitcoin will hit $150,000 by September of 2025.
- According to his analysis, previous bull market trends and Bitcoin price maxima are related to halving events.
- PlanB and CryptoCon analysts back up Brandt’s optimistic post-halving prediction for Bitcoin.
- Optimize your staking strategy by comparing quotes.
- Veteran trader Peter L. Brandt recently released an audacious prediction for Bitcoin. Brandt predicts that Bitcoin will reach $150,000 by September of 2025.
This forecast is based on past trends in the market cycles of Bitcoin, particularly those associated with its “halving” events.
Events of Bitcoin Halving: A Symmetric Cycle
Brandt highlights the critical significance that Bitcoin’s halving dates play in his most recent research, titled The Beautiful Symmetry of Past Bitcoin Bull Market Cycles.
Historically, the halfway points of Bitcoin’s bull market cycles have been identified by these occurrences, in which mining incentives are halved. According to Brandt, the periods between the half dates and the subsequent market peaks closely resemble the periods between the beginning of a bull market and the halving dates.
Brandt said that if this pattern continues, Bitcoin may peak again in late August or early September of 2025. According to him, the price might surge to $130,000–$150,000, exhibiting an inverted parabolic curve, which has been a feature of prior bull markets.
Nonetheless, Brandt exercises caution, recognizing that no analytical technique is perfect. For this cycle, he estimates that there is a 25% chance that Bitcoin has already peaked. He suggests that traders keep a careful eye on Bitcoin’s performance, especially if it falls below $55,000 and is unable to reach a new all-time high.
Prominent analysts also express optimism about Bitcoin. The Market Value to Realized Value (MVRV) indication is a crucial parameter for determining cycle tops and bottoms, according to technical analyst for cryptocurrencies CryptoCon.
As per CryptoCon, the price of Bitcoin attained levels in March 2024 that aligned with the initial peaks observed in prior cycles. This suggests more space for development.
Prominent cryptocurrency analyst PlanB concurs with a positive viewpoint. He emphasized the success of Bitcoin following its June halving and pointed out that it was consistent with the Stock-to-Flow concept.
His analysis indicates that after the halving, Bitcoin is still expected to be in a bull market. PlanB pointed out that the three previous halvings of Bitcoin have a similar pattern in the Stock-to-Flow model.
Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.
