Recently, seasoned investor Peter Brandt shared his forecast about Bitcoin's future, asserting it could reach values between $125,000 and $150,000 by 2025. He also highlighted the possibility of a correction after reaching its peak.
Peter Brandt's Prediction
Brandt indicated a link between Bitcoin's current bull cycle and technical indicators. He expressed that if the parabolic trend recurs, Bitcoin could reach the specified target values. However, his prediction also warns investors of potential risks associated with a decline if the technical structure breaks.
> Peter Brandt: “BTC should maintain the current technical structure, or a significant correction may occur while trading within the designated range.”
Bitcoin Market Performance
In the last 24 hours, Bitcoin reached a new multi-month high, trading above $97,400. At the time of writing, its price is around $96,790, while the trading volume recorded is $33.16 billion. This situation continues to attract market investors' attention.
Other Predictions
Among other forecasts, the statements of Scott Melker and Robert Kiyosaki have surfaced. Melker expressed support for Brandt's views, while Kiyosaki offered a more optimistic scenario, suggesting Bitcoin might reach $200,000 by 2025. These varying perspectives highlight the need for caution among investors.
> Scott Melker: “I align with Brandt’s perspective but suggest investors consider risk factors effectively.”
Recently, the U.S. spot Bitcoin ETF reportedly gained momentum after a brief interruption, adding $422 million, indicating positive movements in the market.
Despite recent achievements and increasing trading volume, it is important for investors to conduct detailed evaluations. Technical indicators and international developments continue to provide clues about Bitcoin's future trends.
