Veteran trader Peter Brandt has issued a bold prediction for Bitcoin, suggesting the cryptocurrency could reach between $125000 and $150000

Veteran trader Peter Brandt has made a bold prediction for Bitcoin, setting a price target of $125,000 to $150,000 by August or September 2025. However, his prediction is contingent on Bitcoin reclaiming a crucial technical threshold and sparking a 50% correction.

According to classical charting methods, Bitcoin needs to regain the broken parabolic slope to continue towards the bull market cycle top in the $125,000 to $150,000 range, which is likely to be followed by a 50% correction.

“If Bitcoin can regain the broken parabolic slope, then BTC is on target to reach the bull market cycle top in the $125k to $150k level by Aug/Sep 2025, then a 50%+ correction,” Brandt stated on Thursday.

His analysis identifies key technical patterns that suggest Bitcoin is positioned for a significant breakout if it can return to this critical curve.

The prediction aligns with historical patterns observed in previous bull market cycles, such as the 2017 run-up that saw Bitcoin rally rapidly before a major correction.

Currently, Bitcoin is testing the $97,000 level for the first time since February, while the overall crypto market capitalization has reached $3 trillion, matching March levels.

This price action has been accompanied by a surge in short-term investor activity, which CryptoQuant analyst DanCoinInvestor believes may be pre-rally behavior.

“Bitcoin’s current movement appears to be forming a pattern similar to the early and late 2024 pre-rally structures,” the analyst explained, highlighting the sharp increases in short-term holder activity (1 day to 1 week) that occurred in January and October 2024 just before significant price surges.

Fellow CryptoQuant contributor Axel Adler Jr. further suggested that Bitcoin is “warming up” and already on the threshold of the “rally zone,” with on-chain momentum metrics positioned at approximately 0.8 (80%).

In a detailed analysis, Adler outlined three potential scenarios for the next six months.

In the bullish scenario, if the ratio breaks above 1.0 and sustains that level, it would likely trigger a new wave of market momentum, with NUPL and MVRV metrics confirming a breakout. This could push Bitcoin’s price to between $150,000 and $175,000, following a pattern similar to previous cycle peaks in 2017 and 2021.

The base-case scenario envisioned the ratio remaining in the 0.8–1.0 range, resulting in a prolonged consolidation phase where Bitcoin fluctuates within a wide band of $90,000 to $110,000, as investors hold but refrain from aggressive accumulation.

In the bearish scenario, if the ratio declines toward 0.75 or lower, short-term holders may begin locking in profits, potentially leading to a correction that could bring Bitcoin down to $70,000–$85,000. However, given that a correction has already occurred recently, Adler considered the bullish and base-case outcomes more likely at this stage.

At press time, BTC was trading at $96,746, reflecting a 1.49% surge in the past 24 hours.