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Cryptocurrency News Articles
Peter Brandt Predicts Bitcoin (BTC) Could Hit $150K Before Major Correction
May 02, 2025 at 11:50 pm
Veteran trader and market analyst Peter Brandt has reignited bullish expectations for Bitcoin, predicting that the cryptocurrency could reach between $125,000 and $150,00 by August or September 2025—if a critical technical pattern holds.
Veteran trader and market analyst Peter Brandt is once again setting the stage for a Bitcoin surge, predicting that the cryptocurrency could hit between $125,000 and $150,000 by August or September 2025—if a critical technical pattern holds.
In a tweet post shared on Tuesday, Brandt shared his analysis of Bitcoin's historical price behavior, highlighting parabolic growth patterns and a "broken parabolic slope" that must be regained for this bullish scenario to play out.
"If BTC can break the PARABOLIC SLOPE, it is poised to complete the current bull cycle in the $125,000–$150,000 range at August/September 2025," the trader noted.
According to Brandt's annotated chart, breaking back above the parabolic slope could set the stage for Bitcoin to reach the envisaged price targets and complete the current bull cycle in a final surge.
This projection aligns with long-term patterns observed in prior cycles, including formations like Head & Shoulders (H&S), Channels (Chnl), and Wedges (Wdg), all of which suggest cyclic consolidation and breakout phases.
However, Brandt also cautions that such a rally may be followed by a significant market correction—potentially more than 50%.
Historically, Bitcoin's parabolic advances have been followed by sharp drawdowns, as speculative fervor subsides and profit-taking accelerates.
This outlook reinforces the importance of strategic risk management for traders and investors, especially as BTC enters what could be the final stages of this market cycle.
With over 236,000 views on his post and growing engagement, Brandt's forecast is drawing serious attention as market participants factor in the potential for a new Bitcoin all-time high within the next 12–16 months.
The post Peter Brandt Predicts Bitcoin Could Hit $150K Before Major Correction appeared first on Benzinga.
部分内容取自Benzinga的用户贡献,在Dow Jones和公司内容之外。
免责声明:本文所表达的观点属于上述来宾,与Benzinga的观点无关,也不构成任何投资建议。积极投资自己的研究。
Foto via Peter Brandt 和Pixabay上的CC0公共领域output: Bitcoin is trading at around $68,000 on Wednesday morning. The world’s leading cryptocurrency is up about 0.6% over the past 24 hours.
Bitcoin has been trading in a range of around $60,000 to $70,000 for the past few months. However, the cryptocurrency could be set for a major move in either direction in the coming months.
If Bitcoin can break back above the parabolic slope, then it is poised to complete the current bull cycle in the $125,000-$150,000 range at August/September 2025.
This projection aligns with the long-term patterns observed in prior cycles, including formations like Head & Shoulders (H&S), Channels (Chnl), and Wedges (Wdg), which suggest cyclic consolidation and breakout phases.
However, Brandt also warns that such a rally may be followed by a significant market correction—potentially more than 50%.
Historically, Bitcoin's parabolic advances have been followed by sharp drawdowns, as speculative fervor subsides and profit-taking accelerates.
This outlook reinforces the importance of strategic risk management for traders and investors, especially as BTC enters what could be the final stages of this market cycle.
With over 236,000 views on his post and growing engagement, Brandt's forecast is drawing serious attention as market participants factor in the possibility of a new Bitcoin all-time high in the next 12-16 months.
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