Bitcoin price rose 2% to $69,040 on Monday. As market fluctuations continue, traders and investors make predictions for the next period, and the global crypto market value increased by 1.6 percent to $2.71 trillion.

Total crypto market volume increased by 45.83 percent in the last 24 hours, reaching $66.2 billion. Several factors are supporting this rise, including inflows into the BTC-spot ETF market in the US, expected central bank policy easing, and positive political developments within the US.

Master Trader Brandt's $150,000 Bitcoin Prediction

Veteran trader Peter L. Brandt predicts that Bitcoin will reach $150,000 by September 2025, based on historical trends associated with halving events where Bitcoin mining rewards are halved. These halving events are considered important turning points in Bitcoin's bull market cycles.

Brandt's predictions are also supported by analysts such as CryptoCon and PlanB. According to analysis, the time from the beginning of a bull market to the halving is generally the same as the time from the halving to the market peak.

Jason Pizzino Makes Predictions for Bitcoin and Altcoins

Expert analyst Jason Pizzino pointed out the importance of the Average True Range (ATR) indicator when interpreting Bitcoin price movements. According to Pizzino, the ATR bottom often heralds price consolidation and uptrends for BTC. He stated that if BTC trades steadily between $56,000 and $60,000, this could indicate historical highs.

According to the analyst, the similarities of past breakouts on the TOTAL3 chart carry significant upside potential for altcoins. Pizzino's analysis points to a bullish momentum in the crypto market that could boost investors' confidence and trigger buying activity.

Bitcoin Price Prediction

Bitcoin is trading at $68,937, up nearly 2%, indicating a positive price prediction for Bitcoin. Price action includes a bullish candle at $68,500 that shows strong buying interest and a crossover EMA at $68,100 that supports bullish momentum.

The $68,342 pivot point is supported by the bullish trend line. While $69,543, $70,610 and $71,494 stand out as the main resistance levels, support levels are determined as $67,311, $66,650 and $65,932, respectively.

The RSI is at 62, indicating current positive momentum. The 50-day EMA at $68,045 provides additional support. However, a downtrend line near $69,500 could limit any further gains.

#BitcoinDunyamiz

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