Crypto Updates

Buckle Up: Bitcoin Set To Smash $150,000 Mark, Says Trading Guru

BTC to $150,000 as predicted by Brandt

Peter Brandt, a respected figure in the trading community, has recently shared his insights on the Bitcoin future price potential. Through a post on X, Brandt ignited discussions within the crypto community by commenting on Bitcoin’s recent attainment of a new all-time high (ATH). More interestingly, he proposed when Bitcoin might scale new historic price heights.

Drawing from his experience in market analysis, Brandt speculated that Bitcoin could reach a price mark of $150,000 per BTC by October 2025, a prediction based on an in-depth analysis of Bitcoin’s price behaviour surrounding its halving cycles.

A Bullish Bitcoin Horizon

Brandt’s analysis, published in a document, delves into Bitcoin’s price patterns before and after its previous halvings. He suggests that, should the bull trend post-April 2024 mirror the pace observed since the November 2022 low, approaching the $150,000 milestone could be a likely scenario.

However, Brandt cautions that the trajectory of post-halving price advances has historically been “steeper” than their pre-halving counterparts. Brandt noted:

If the pace of the bull trend after Apr 2024 is at similar pace to the bull trend since the Nov 2022 low, then the high in Oct 2025 could be around $150,000. However, the post-halving advances during previous bull cycles have been much steeper than the pre-halving advances.

BTC to $150,000, as predicted by Brandt

Aside from Brandt’s predictions, the bullish sentiment on Bitcoin’s price is gaining momentum among various market analysts. Insights from Deribit and the analytics company GenesisVol suggest a potential rise of as much as 20.8% in Bitcoin’s price over the next month.

These analyses suggest the possibility of Bitcoin surpassing the $80,000 threshold, with more cautious predictions still expecting it to exceed $70,000.

This optimism follows a period of notable performance for Bitcoin. So far, Bitcoin has seen a minor 0.5% dip in the last 24 hours after dropping drastically from its newly established ATH of $69,328.

Bitcoin (BTC) price chart on TradingView
BTC price is moving sideways on the 2-hour chart. Source: BTC/USDT on

However, despite this decline, the asset has been up nearly 10% over the past week, maintaining its market capitalization above the $1…

Click Here to Read the Full Original Article at NewsBTC…