CandleFocus Peter Brandt’s Bullish Bitcoin Forecast: $135K by 2025, but $48K Is the Line in the Sand
2024-10-09
Author: Content Editor
In a recent analysis, veteran trader Peter Brandt predicts that Bitcoin could reach $135,000 by August or September 2025. However, for this forecast to hold true, Bitcoin must maintain above a crucial support level of $48,000. Brandt's analysis is based on his observations of Bitcoin's historical halving cycles, where he notes that the biggest gains usually occur about a year after the halving event. Brandt remains optimistic about Bitcoin's future trajectory, but the market's behavior and investor confidence will play a crucial role in determining its path.
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