Markets
Peter Brandt predicts Bitcoin between $130,000 and $150,000 by September 2025
Veteran crypto trader Peter Brandt predicted that Bitcoin could reach $130,000 to $150,000 by late August to early September 2025, based on previous post-halving bull market trends.
Source: Peter Brandt
The last Bitcoin halving, which took place on April 20 of this year, halved mining rewards for miners – a scheduled event that occurs every four years. According to Brandt, previous halving events have occurred during significant bull market phases.
Brandt report on June 2 highlights that the Bitcoin halving typically occurs in the midst of a bull run, with the market’s last rally lasting around 16 months before the halving and 18 months after the halving, aligning with previous halving patterns 2016 and 2012.
Brandt admitted that no analysis method is perfect, but in previous cycles the highs showed an upward trend. If the trend continues, he expects Bitcoin to peak in late August or early September 2025, with a possible rally of $130,000 to $150,000.
However, Brandt also pointed out that there is a 25% probability that Bitcoin has already reached the top of the bull market based on the currency’s current trend.
Bitcoin has risen more than 300% since the start of the current bull market on December 17, 2021, to a record $73,679 on March 14, but retreated to around $67,882.
Brandt warned that if Bitcoin fails to surpass its previous high and falls below $55,000, it will be an “exponential decline.” This analysis shows that cryptocurrency markets are constantly evolving and therefore require constant analysis of market trends.
Crypto enthusiasts and traders around the world are closely following the performance of Bitcoin as it continues to rise after the 2024 halving event without significant collapses.
Read too: Bitcoin Drops Below $68K, Michael Saylor Remains Optimistic