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Home ยป Veteran Analyst Peter Brandt Forecasts Bitcoin’s Price Surging to $150K by September 2025
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Veteran Analyst Peter Brandt Forecasts Bitcoin’s Price Surging to $150K by September 2025

By adminJun. 3, 2024No Comments2 Mins Read
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Veteran Analyst Peter Brandt Forecasts Bitcoin's Price Surging to $150K by September 2025
Veteran Analyst Peter Brandt Forecasts Bitcoin's Price Surging to $150K by September 2025
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Renowned analyst Peter Brandt has made a bold prediction about the future of Bitcoin, stating that he believes the cryptocurrency’s price could reach an impressive $150,000 by late August or early September 2025. Brandt’s analysis, published on his website, highlights the remarkable symmetry exhibited by Bitcoin’s halving events in past bull market cycles.

The analysis explains that the number of weeks from the beginning of each bull market cycle to the halving dates closely corresponds to the number of weeks from the halving dates to the subsequent bull market highs. Based on this pattern, Brandt suggests that the next bull market cycle high is likely to occur in late August or early September 2025.

Brandt also notes that previous bull market highs have followed an inverted parabolic curve, indicating that the current bull market cycle could see Bitcoin reaching a price range of $130,000 to $150,000. He supports his analysis with a chart that shows the probable high date and price level.

However, Brandt emphasizes that he remains open to different interpretations and does not rigidly adhere to a single idea. He acknowledges that while his analysis is his preferred view, there is a 25% probability that Bitcoin’s price has already peaked for this cycle.

In a separate prediction, Tether co-founder William Quigley also foresees a new all-time high for Bitcoin by the end of 2025. Quigley based his forecast on historical data from previous post-halving rally cycles, estimating that it would take approximately 500 days to 18 months for Bitcoin to break its historical record, which would occur around October 2025.

It is important to note that both Brandt and Quigley’s predictions are speculative and should be viewed with caution. The cryptocurrency market is highly volatile and subject to various factors that can impact prices. Investors should conduct thorough research and exercise caution when making investment decisions.

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