Bitcoin Price Projection: Trader Peter Brandt Forecasts $130K by September 2025 Amid Post-Halving Bull Run

Jun 2, 2024

Crypto trader Peter Brandt predicts that Bitcoin's post-halving bull run could potentially drive its price to $130,000 to $150,000 by late August to early September 2025, based on historical patterns observed in previous halving cycles. Brandt's analysis suggests that Bitcoin's halving events, which occur approximately every four years and reduce mining rewards by 50%, tend to align with the midpoint between the start of a bull market and its peak. According to Brandt's interpretation, the previous two halvings, in July 2016 and November 2012, followed similar trajectories, with bull market highs occurring about 16 to 18 months after each halving event. While Brandt acknowledges the inherent uncertainty in predicting Bitcoin's price movements, he notes that historical patterns indicate a potential for significant growth in the coming years, with Bitcoin currently experiencing a consolidation phase following its March 14 all-time high of $73,679. However, Brandt also suggests a 25% chance that Bitcoin has already reached its bull market peak, particularly if it fails to surpass its previous all-time high and drops below $55,000, which could signal a trend of "exponential decay" for the cryptocurrency.