A well-known commodity trader believes that Bitcoin (BTC) is set to hit new highs in August 2025.
Peter Brandt, a famous commodity trader, recently announced that he has identified a short-term buying signal for Bitcoin.

Peter Brandt’s Bitcoin Buy Signal Amidst Largest Correction
Peter Brandt, a well-known commodity trader, recently pointed out a short-term buy signal for Bitcoin, which he refers to as a “foot shot” (Friday) pattern on his X social media account.

Source: X
Brandt also highlighted that the current market correction is the largest seen during the ongoing bullish cycle that began in December 2022.
Last Friday, Bitcoin’s price dropped to as low as $53,917, driven by the combined effects of substantial Mt. Gox repayments and significant government liquidations. This drop represents a 27% correction, notably larger than the 21.9% correction Bitcoin experienced in Q3 2023, when it fell from a local peak of $31,862 to $24,900.
Bitcoin’s Price Predictions: Brandt’s Long-Term Outlook
Adam Back, co-founder of Blockstream, recently downplayed the significance of Bitcoin’s recent price dip by comparing it to past bull cycles, which also experienced significant corrections.
Peter Brandt has previously predicted that Bitcoin could potentially reach as high as $150,000 during this bull cycle. This target aligns with forecasts from Fundstrat’s Tom Lee. However, Brandt believes that such a high price is more likely to be achieved by August 2025 rather than this year.

Currently, Bitcoin is trading at $57,478, with bulls having reclaimed some of the lost ground. Brandt’s outlook is based on historical patterns, suggesting that the market may peak in ugust 2025.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#SAB121 #PolyMarket #MtGox #Venezuela #CraigWright $BTC $ETH $SOL

Bitcoin (BTC) has struggled to stay above $55,000, leading to an 8% market correction in the last 24 hours. This drop has caused major tokens to fall below their key support levels. Following this trend, BRC-20 tokens have also seen significant losses.
Top BRC-20 tokens like ORDI and SATS have dropped 17.38% and 26.71% respectively over the past day. In this article, we explore the market sentiments and price analysis of Ordi (ORDI), Bitcoin SV (BSV), and 1000SATS (SATS) to assess their potential targets for July.

Ordi (ORDI) Faces Major Correction Amid Crypto Market Downturn
Ordi (ORDI) has seen a significant price correction of over 17% amid the current crypto market downturn. The altcoin’s 24-hour trading volume stands at $278.177 million, reflecting a notable increase of 92.42%. Year-to-date, ORDI has plunged by 64.60%, underscoring a persistent bearish trend.

ORDI/USDT: TradingView
The MACD indicator shows a rising red histogram, signaling increasing selling pressure and a bearish sentiment in the market. The technical averages support this outlook, suggesting that ORDI might continue to face downward pressure this week.
However, if ORDI can maintain its price above the critical support level of $28.25, it could regain bullish momentum and attempt to test the upper resistance level at $50.75. On the other hand, if bearish trends persist, ORDI may drop to test its low of $17.80.
1000SATS (SATS) Struggles with Severe Decline Amid Market Correction
Following the lead of the top BRC-20 token, 1000SATS (SATS), the second-largest BRC-20 token by market cap, has experienced a dramatic drop of over 27% in the past day and 62.82% in the past month. The token has plummeted by 84.76% this year, reflecting a strong bearish sentiment.

SATS/USDT: TradingView
The MACD indicator shows a flatline in its histogram, signaling weak price action for SATS. Additionally, the moving averages are displaying a neutral trend, indicating uncertainty about future price movements.
The SMA indicator is consistently acting as resistance on the SATS price chart in the 1D time frame, reinforcing the bearish sentiment surrounding the altcoin.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

#ORDI #SATS #PolyMarket #MtGox #SAB121 $ORDI $1000SATS $BTC