Legendary trader Peter Brandt, with nearly five decades of trading experience dating back to 1975, has shared a bullish forecast for Bitcoin’s price trajectory in 2025. Through a series of posts on X, Brandt stated, “Bitcoin $BTC is now in the sweet spot of the bull market halving cycle that should top in the $130k to $150K range next Aug/Sep. I measure cycles differently than most.”
Brandt’s analysis is deeply rooted in the historical patterns observed in Bitcoin’s halving cycles. His chart, which tracks Bitcoin’s price action from early 2022 with projections into 2026, underscores two significant periods lasting 518 days each. These periods, he suggests, represent critical phases in Bitcoin’s market behavior and are a testament to the cyclical nature of its price movements.
A notable technical pattern identified in Brandt’s chart is the breakout from a broadening wedge. This formation, marked by diverging support and resistance lines, suggests increasing market volatility as prices oscillate with progressively higher highs and lower lows. The successful breakout from this pattern is widely considered a strong bullish signal.
In a detailed blog post from June, titled “The Beautiful Symmetry of Past Bitcoin Bull Market Cycles,” Brandt elaborated on the importance of halving events. He noted that these dates typically represent the halfway points of past bull market cycles, displaying an almost perfect symmetry in the duration from the start of each bull cycle to the halving dates and from the halving dates to the subsequent market highs.
Based on this symmetrical pattern, Brandt posits that if the sequence continues, the next bull market cycle high should occur in late August or early September 2025. He suggests that the highs of past bull markets align well with an inverted parabolic curve, and if this trend persists, the high of this bull market cycle could fall within the $130,000 to $150,000 range.
Despite his optimistic projection, Brandt maintains a cautious stance. He emphasizes that no method of analysis is foolproof and admits to avoiding being dogmatic about any singular idea. While he views this analysis as his preferred method, he acknowledges it is not his only interpretation. Brandt notes that he continues to place a 25% probability that Bitcoin’s price has already topped for this cycle. Should Bitcoin fail to achieve a decisive new all-time high and decline below $55,000, he would increase the likelihood of an “Exponential Decay.”
The crypto community has actively engaged with Brandt’s analysis. Popular crypto analyst Astronomer (@astronomer_zero) responded on X, agreeing with Brandt’s top estimation and emphasizing the importance of accurately calling the market top. Astronomer remarked, “I think you’re spot on with that top estimation, Peter! As for calling the bottom, now it is our duty to call the top ideally in one single try. The terminal price does that very well. I have six other metrics in place. If they all line up, it is a sell. Location at $160,000.”
In a further exchange, an X user inquired about the implications for the Bitcoin to gold (BTC/GLD) ratio, suggesting it might imply a much higher price. Brandt responded, “Eventually, yes. But let’s take one step at a time without becoming too dogmatic.”
At press time, BTC was trading at $74,940.
