🔥🔥🔥Bitcoin after halving could reach 130k USD in September 2025
HOT: According to crypto trader Peter Brandt, Bitcoin could reach a cycle peak of $130,000 to $150,000 between late August and early September if it follows the trajectory of previous post-halving bull markets.
In a June 2 report, Brandt highlighted that the April 20 Bitcoin halving, an event that occurs approximately every four years, reduced mining rewards by 50% and demonstrated close symmetry. as perfect in past bull market cycles.
Peter Brandt claims that historically, Bitcoin halving dates have typically occurred near the start and peak of a bull market.
According to Brandt's analysis, the last Bitcoin bull market started about 16 months before the halving on May 11, 2020 and ended about 18 months later. He noted that the two previous halvings, on July 9, 2016 and November 28, 2012, followed a similar pattern.
“If this sequence continues, the next bull market cycle will occur in late August/early September 2025,” he wrote.
Brandt added that “no analytical method is perfect” when it comes to predicting Bitcoin's cycle highs, but past highs have followed a similar growth pattern, and if it continues, he puts the bull market high “in the $130,000 to $150,000 range.”
#BTC☀️ #Bitcoin❗️ #bitcoin #BitcoinHalving2024:
