Veteran trader Peter Brandt predicts that Bitcoin ($BTC ) could reach between US$130,000 and US$150,000 by the end of August to early September 2025.
This prediction is based on historical patterns in previous post-halving bull markets. The #halving event, which occurs every four years, reduces the Bitcoin mining reward by 50 percent and is an integral part of the #bitcoin☀️ protocol.
Brandt emphasizes the importance of the halving date in the Bitcoin market cycle, noting that the latest halving occurred on April 20, 2024. However, Brandt also notes that there is no perfect method of analysis for predicting the peak of the Bitcoin cycle, although previous growth patterns indicate significant potential price surges.