Is a huge bull run coming? Expert claims that Bitcoin (BTC) could reach $150,000 next year
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TL;DR
Predicted Bull Market Peak: Veteran trader Peter Brandt forecasts that Bitcoin (BTC) could peak at $130,000 to $150,000 in late August or early September 2025, following a symmetry pattern related to halving events of Bitcoin.
Halving Event Analysis: Both Brandt and Tether co-founder William Quigley emphasize the historical importance of Bitcoin halving events, suggesting that the next all-time high could occur around the end of 2025, and Quigley predicted it just before the halving event.
Expert Opinions and Indicators: Several experts, including CryptoCon and PlanB, express optimism about the future of Bitcoin, citing indicators such as MVRV and the Stock-to-Flow model, and pointing to the rise in Bitcoin price in March 2024 as a sign positive for continued growth.
Veteran trader Peter Brandt predicts that the next peak of the Bitcoin (BTC) bull market could reach $150,000 in late August or early September 2025. His analysis, published on Brandt's website, highlights the notable symmetry pattern near perfect within past bull cycles, specifically related to Bitcoin Halving Events.
Brandt's analysis focuses on the time intervals from the start of each bull market cycle to the halving dates. It compares them to the intervals from the halving dates to the subsequent bull market highs.
If this pattern persists, the next bull cycle high should occur in late August or early September 2025. #Binance