📈 When will bitcoin reach a new peak in value?
According to crypto trader Peter Brandt, BTC will reach a cyclical peak of between $130,000 and $150,000 between late August and early September 2025.
The April 20 halving is a programmed event, occurring roughly every four years, that reduces the reward for mining by 50%. Historically, the halving date has fallen almost midway between the start of the bull market and when it reached its peak.
The last such cycle began about 16 months before the halving on May 11, 2020, and ended about 18 months after that. The two previous halwings - July 9, 2016 and November 28, 2012 - followed a similar pattern.
That said, Brandt believes there is a 25% chance that Bitcoin has already reached the top of the bull market, as the profits of each bull cycle fall from the previous one.
If BTC fails to reach a new all-time high and falls below $55,000, it will increase the likelihood that the cryptocurrency is experiencing an "exponential decline."
