Veteran Trader Peter Brandt Predicts Bull Market High For Bitcoin, Here’s The Target

Quick Summary:

Veteran trader Peter Brandt has predicted a bull market high for Bitcoin, suggesting that the flagship crypto will rise to $150,000 by 2025.

This aligns with a similar prediction that Bernstein analysts made for BTC’s price earlier in the year.

Brandt had previously made a similar prediction and alluded to past halving cycles, with his analysis noting how BTC’s price had peaked between 16 to 18 months after every halving event.

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: India

Topics: Bitcoin Peter Brandt Bitcoin price prediction 24/7 Cryptocurrency News Bitcoin News BTC price

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-10 @ 11:31:21 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 782 words

Reading Time: 5 minutes read

Sentences: 47 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 22448209

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