Connect with us

Hi, what are you looking for?

Oracle of  Omaha SaysOracle of  Omaha Says

Editor's Pick

Veteran Analyst Peter Brandt Predicts Bitcoin Price to Reach $150K by September 2025

Veteran trader Peter Brandt predicts Bitcoin’s next bull market peak could reach $150,000 by late August or early September 2025.

According to an analysis published on the Brandt’s website, the Bitcoin halving events, where the mining rewards are halved from the previous cycle, have shown a remarkable pattern of almost perfect symmetry within past bull market cycles.

Bitcoin to Reach $150,000 With Identical Halving Cycle


Specifically, the analysis stated that the number of weeks from the start of each bull market cycle (marked by a low following a decline of over 75%) to the halving dates is nearly equal to the number of weeks from the halving dates to the subsequent bull market highs.

“If this sequence continues, the next bull market cycle high should occur in late Aug/early Sep 2025,” said Brandt.

The veteran analyst also suggested that while no prediction method is entirely foolproof, past bull market highs have aligned closely with an inverted parabolic curve.

If this trend holds, the peak of the current bull market cycle could see Bitcoin reaching a price range of $130,000 to $150,000. He attached a chart that indicated the probable high date and price level.

Bitcoin Price Cycles (Source: Peter Brandt)

Brandt emphasized that he remains flexible in his analysis and does not hold rigidly to any single idea.

He noted that while the presented view is the preferred analysis, it is not the only interpretation. The analyst also mentioned that he assigns a 25% probability to the possibility that Bitcoin’s price has already peaked for this cycle.

Tether Co-Founder Predicts New ATH


In an interview with Cryptonews.com before the halving in April, Tether co-founder William Quigley forecasted the potential all-time high for Bitcoin to appear by the end of 2025, too.

Quigley took historical statistics of the previous post-halving rally cycles into consideration, stating that it would take about 500 days to 18 months for Bitcoin to break the historical record, which would be October 2025 for this fourth event.

The post Veteran Analyst Peter Brandt Predicts Bitcoin Price to Reach $150K by September 2025 appeared first on Cryptonews.

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.









    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Latest News

    A former Republican legislative candidate who traveled to Washington for former President Donald Trump’s ‘Stop the Steal’ rally was arrested Friday and charged with...

    Stock

    Even as U.S. inflation broadly cools, frozen vegetable prices are hot. The average shelf price for frozen veggies rose by 18% in the past year...

    Latest News

    Abbe Lowell, Hunter Biden’s attorney, filed an ethics complaint Friday against Georgia Rep. Marjorie Taylor Green after she displayed censured nude photos of the president’s...

    Latest News

    President Biden has overruled the Pentagon and chosen Adm. Lisa Franchetti to lead the Navy, making her the first woman, if she’s confirmed, to...

    Disclaimer: Oracleofomahasays.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 Oracleofomahasays.com