Renowned Trader Peter Brandt Predicts Bitcoin May Surge to $150,000 Before Conclusion of Bull Market – Unveiling His Timeline
Renowned trader Peter Brandt has put forth a bold prediction, stating that Bitcoin (BTC) has the potential to surge to a staggering $150,000 before the current bull market concludes.
Brandt, in a recent blog post, highlighted that the timeline of each bull cycle has remained relatively consistent since 2012.
“The duration from the inception of every bull market cycle (following a decline of 75% or more) to the halving dates has been nearly equal to the duration from the halving dates to the subsequent bull market peaks.”
If Bitcoin continues to adhere to this pattern, Brandt forecasts that the ongoing bull market will reach its end in August or September 2025.
Regarding his BTC price target, Brandt utilizes an inverted parabolic curve to track the bull market peaks since 2012. He presents a chart suggesting that Bitcoin could potentially reach a staggering $150,000 by the projected conclusion of the bull market.
Source:
Peter Brandt
However, Brandt cautions that his analysis is not foolproof and acknowledges a 25% possibility that BTC may have already reached its peak for this cycle.
“Should Bitcoin fail to establish a definitive new all-time high and decline below $55,000, I will increase the likelihood of exponential decay.”
The trader defines exponential decay as BTC gradually losing about 80% of its exponential energy after each successful bull market.
At the time of writing, Bitcoin is trading at $69,083.
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Disclaimer: The opinions expressed by The Daily Hodl do not constitute investment advice. Investors should conduct their own research before making any high-risk investments in Bitcoin, cryptocurrency, or digital assets. Please be aware that your transfers and trades are done at your own risk, and any losses incurred are your responsibility. The Daily Hodl does not endorse the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.