Bitcoin could top $150k in Q3 2025, chart veteran Peter Brandt says

Should
past
bull
markets
indicate
how
things
will
unfold
today,
Bitcoin
could
set
its
all-time
high
for
the
current
bull
cycle
in
2025.

Peter
Brandt,
a
well-known
analyst
focused
on
interpreting
chart
patterns,
says
Bitcoin
is
likely
to
set
its
maximum
for
this
bull
cycle
not
in
2024,
but
rather
in
2025,
should
data
from
the
previous
bull
markets
act
as
a
reliable
indicator.

Brandt’s
analysis
hinges
on
the

halvings,
events
where
mining
rewards
are
programmatically
reduced
by
50%
once
in
four
years.
In
a

blog
post,
the
chart
veteran
notes
that
historically,
these
halvings
represented
“almost
perfect
symmetry
within
past
bull
market
cycles.”

“More
specifically,
the
number
of
weeks
from
the
start
of
each
bull
market
cycle
(the
low
following
a
75%-plus
decline)
to
the
halving
dates
has
been
almost
equal
to
the
number
of
weeks
from
the
halving
dates
to
the
subsequent
bull
market
highs
[…].”

Peter
Brandt

Should
the
pattern
persist,
Brandt
suggests
that
Bitcoin
could
hit
its
next
peak
in
late
August
or
early
September
2025.

In
terms
of
potential
price
movements,
the
analyst
points
out
that
previous
bull
market
peaks
have
aligned
well
with
an
“inverted
parabolic
curve.”
Should
this
trend
continue,
BTC
could
reach
a
high
between
$130,000
and
$150,000
in
the
next
bull
cycle.

However,
Brandt
remains
cautious,
noting
that
“as
a
trader,
I
avoid
being
dogmatic
about
any
idea.”
While
this
projection
is
his
preferred
analysis,
he
assigns
a
25%
probability
that
Bitcoin
may
have
already
peaked
for
this
cycle,
when
the
cryptocurrency
set
a
new
all-time
high
in
March
by
soaring
above
the
$70,000
mark.

The
analyst
notes
that
if
Bitcoin
fails
to
achieve
a
decisive
new
high
and
drops
below
$55,000,
he
will
increase
the
probability
of
what
he
terms
an
“Exponential
Decay”

scenario.
As
of
press
time,
Bitcoin
is
trading
at
$69,290,
as
per
data
from
CoinGecko.

Bitcoin
has
been
showing
relatively
no
volatility
over
the
past
few
weeks,
staying
within
the
$65,000
to
$70,000
range.
As
crypto.news

reported
earlier,
the
head
of
blockchain
analytics
firm
CryptoQuant
Ki
Young
Ju
sees
the
current
volatility
and
on-chain
activity
resembling
the
mid-2020
timeframe,
when
Bitcoin
was
trading
at
$10,000.