Peter Brandt raises Bitcoin forecast to $200,000
After breaking through the $56,000 level, technical analyst and head of Factor LLC Peter Brandt changed his forecast for the rate of the first cryptocurrency in 2025 from $120,000 to $200,000.
According to Brandt, the current bull cycle will end in August-September 2025. By this time, digital gold quotes should reach the stated goal.
The analyst's forecast suggests growth of more than 250% from current values and 190% from the historical maximum.