• Dapps: 16.23K
  • Blockchains: 78
  • Active users: 66.47M
  • 30d volume: $303.26B
  • 30d transactions: $879.24M

Brandt's Analysis: Bitcoin Might Hit New Highs in 2025

user avatar

by

2 hours ago


In a recent analysis, seasoned trader Peter Brandt expressed a bullish outlook for Bitcoin's price trajectory in 2025, anticipating a peak between $130,000 and $150,000.

Brandt's 2025 Forecasts

Peter Brandt, a trader with an impressive career since 1975, has shown confidence in Bitcoin's potential rise in 2025. He anticipates a peak price between $130,000 and $150,000 due to historical halving cycle patterns. Brandt shared these insights on X, emphasizing his unique approach to measuring cycles.

Technical Indicators and Symmetry

Brandt's analysis is based on historical patterns associated with Bitcoin's halving events. It includes a detailed chart tracking Bitcoin's price movements from early 2022 projected into 2026. The chart marking two notable 518-day periods highlights Bitcoin's cyclical price nature. A significant technical indicator in Brandt's chart is a breakout from a broadening wedge, a pattern often marked by increased market volatility.

Community Response and Cautious Approach

Brandt's analysis has resonated within the crypto community. Notable analyst Astronomer emphasized the significance of Brandt's forecasts, highlighting the role of the terminal price. However, Brandt remains cautious, acknowledging that no analysis method is fool-proof. He assigns a 25% probability that Bitcoin has already peaked in this cycle and warns of an 'Exponential Decay' if a decisive new high isn't achieved and the price drops below $55,000.

The terminal price is an ideal marker.Astronomer

Peter Brandt's analysis resonates with the community and sparks discussions, despite the cautiously optimistic nature of his forecasts.

0

Share

Other news

SEC Seeks to Dismiss Kraken's Defenses in Securities Conflict

SEC asks court to waive key Kraken defenses in securities law infringement case.

user avatar

14 minutes ago

BTC.com: Launch of an Open-source Computing Power Platform

BTC.com announced the launch of an open-source computing power platform for the decentralized ecosystem.

user avatar

14 minutes ago

New Horizons for Bitcoin: Is Growth Expected?

Bitcoin nears $76,000 as the Fed's decisions might affect potential growth.

user avatar

14 minutes ago

Plume Network and StakeStone: A Breakthrough in Liquid Staking and RWAfi

Plume Network joins forces with StakeStone to advance liquid staking and RWAfi, opening new yield opportunities for investors.

user avatar

15 minutes ago

Binance Announces SOL/USDT Options Launch

Binance announces the launch of Solana options. SOL/USDT to start trading November 12, MiCA compliant.

user avatar

15 minutes ago

Sats Terminal Enhances Bitcoin DeFi by Joining BitcoinFi Accelerator

Sats Terminal enters BitcoinFi Accelerator to expand Bitcoin's DeFi capabilities with an intuitive interface and low fees.

user avatar

16 minutes ago

dapp expert logo
© 2020-2024. DappExpert. All rights reserved.
© 2020-2024. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.