Veteran Trader Peter Brandt Predicts Bitcoin (BTC) Will Rally to Six Figures by Mid-2025

Peter Brandt, a veteran trader with decades of experience in the financial markets, is bullish on Bitcoin's (BTC) future.

Seasoned trader Peter Brandt is optimistic about Bitcoin’s future, suggesting that the cryptocurrency is now in the “sweet spot” of its bull market halving cycle.

In a recent post to his 746,100 followers on the social media platform X (formerly Twitter), Brandt shared his analysis, indicating that Bitcoin (BTC) is positioned for significant gains over the next few months, with potential for the cryptocurrency to reach a six-figure price level.

According to Brandt, Bitcoin could see a rise of between 73% and 100% from its current price, bringing it closer to its cycle peak, which is expected in August or September of 2025.

Brandt’s predictions are based on historical patterns tied to Bitcoin’s halving cycle, a key event that occurs approximately every four years. Halving events, which reduce the reward miners receive for confirming transactions, historically signal the beginning of an upward price trajectory for Bitcoin.

In his analysis, Brandt highlights the time frame from the start of the bull market cycle to the halving event in April 2024, which lasted around 518 days. If history repeats itself, it could take another 518 days after the halving for Bitcoin to reach its cycle top, which is expected around mid-2025.

At the time of writing, Bitcoin is trading at $75,004, and Brandt believes it could see significant upside movement over the coming months, potentially reaching a six-figure price range as we approach 2025.

Brandt’s Outlook on Ethereum and Solana

In addition to Bitcoin, Brandt is also optimistic about the potential for other major cryptocurrencies, including Ethereum (ETH) and Solana (SOL). He notes that both assets are poised for potential upside breakouts, following Bitcoin’s bullish trend.

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