Peter Brandt: Halving rally in Bitcoin may have begun
Stating that the "falling peaks, falling bottoms" series that has been going on since March has come to an end, Peter Brandt said, "The halving rise in Bitcoin may have begun."
Experienced analyst Peter Brandt, known for his accurate comments on Bitcoin, suggested that the expected post-halving rally may have begun.
Stating that Bitcoin has completed the 5-month reverse expanding triangle formation, Brandt said, "Continuity will be important. The rise after the halving may have begun. The 'falling hills falling bottoms' series, which has been going on since March, has ended." commented.
Last week, Brandt stated that Bitcoin was in the process of a historical break, describing this situation as "the most anticipated and hoped break in history".
The analyst expects the number one cryptocurrency to reach up to $135k in August or September 2025.