Veteran trader Peter Brandt predicts that Bitcoin could soar to $135,000 by August or September 2025, provided BTC stays above a key support level of $48,000. His forecast is based on past halving cycles and current market conditions.
Peter Brandt’s Bullish Prediction: Bitcoin on Track for $135,000?
Renowned market analyst Peter Brandt, well-known in the crypto community for his accurate forecasts, has recently shared his latest Bitcoin price prediction. According to Brandt, Bitcoin could reach $135,000 by August or September 2025. However, there is a crucial condition: this forecast can only hold if Bitcoin remains above the $48,000 support level. If the price falls below this threshold, Brandt’s current analysis would be invalid.
Are Halving Cycles the Key to Bitcoin’s Price Surge?
Brandt’s prediction is grounded in the historical price patterns following Bitcoin halvings - events where the reward for mining new Bitcoin is cut in half. These halvings have historically led to significant price increases. The next halving is scheduled for April 2024, and Brandt sees the current phase as a "brief pause" in a long-term uptrend.
Historically, the largest gains have occurred in the second half of the halving cycles, typically about a year after the event. Brandt believes that we are currently in a similar situation, with substantial price increases expected after the halving, starting around March 2024.
What Happens if Bitcoin Falls Below $48,000?
While Brandt remains optimistic, he emphasizes that a price drop below the $48,000 mark would invalidate his forecast. This "invalidation level" is a critical point in his analysis. Bitcoin is currently trading around $62,260, after failing to break resistance at $65,000 in late September.
Additional Factors Influencing Bitcoin's Price
Alongside the cyclical effects of halvings, experts suggest that there are also macroeconomic factors supporting Bitcoin’s price. Upcoming economic reports, particularly the U.S. Consumer Price Index (CPI), could provide key triggers for market movement.
Brandt also draws comparisons between Bitcoin and gold, noting that Bitcoin has outperformed gold in recent years. He predicts that Bitcoin could one day surpass 100 times the price of gold.
Conclusion: The Road to $135,000
Peter Brandt’s prediction offers a compelling outlook for Bitcoin’s future. With historical halving cycles and current market conditions in mind, a rise to $135,000 by 2025 seems plausible. However, the $48,000 support level remains crucial — if Bitcoin dips below this threshold, the bullish scenario could quickly shift.
