Bitcoin (BTC) further exerts its dominance after hitting $62,000. This pushed the crypto community into a frenzy and the market into an upswing—exciting times indeed.
Amid the surge in excitement and optimism, veteran trader Peter Brandt, took to X (formerly Twitter) to voice his promising Bitcoin outlook. According to him, following Bitcoin’s rally “above the upper boundary of the 15-month channel, the target for the current bull market cycle scheduled to end in Aug/Sep 2025 is being raised from $120,000 to $200,000.”
However, he mentioned that a close below last week’s low—$50,500—will nullify his bullish outlook. All eyes are currently on Bitcoin, with many hoping it shoots past its current all-time high (ATH) of $69,000 in the coming weeks, which remains its biggest resistance
Polkadot (DOT): Why are Investors Showing Keen Interest?
Polkadot (DOT) hasn’t been left out of the fun either, mirroring the overall market rally. Its remarkable market performance and significant upside potential make it one of the best altcoins. With its foot firmly on the gas and further upsides anticipated, DOT is arguably one of the best cryptos to buy now.
In addition to its substantial growth potential—one of its biggest appeals, no doubt—investors have been doubling down on Polkadot because of its solid fundamentals. It is a multichain protocol that connects and secures a network of blockchains, thereby enabling cross-chain transfer of data and interoperability.
It is poised for widespread adoption in the future, which makes it a good crypto to buy. With a strong bullish wave to ride, you can add Polkadot to your portfolio now to avoid the feeling of FOMO (fear of missing out)
Conclusion
Following current market conditions, the bull market appears to be here. Brandt, a veteran crypto trader, predicts $200,000 as the new Bitcoin peak target. At the same time, savvy investors have been showing keen interest in Polkadot and InQubeta. To position yourself for significant gains, you can participate in the QUBE presale via the link below.
