Peter Brandt is a long-time trader who recently released a book. blog This post highlights how Bitcoin’s halvings (BTC), have occurred at the half-way points of previous bull markets cycles. Brandt states, ‘From the lows of each bull-market cycle, which follow a 75+% decline, to the Halving date is almost the same as the number weeks that separate the Halving date from subsequent bull-market highs.‘
He also showed a graph to help visualize his point.
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/Peter-Brandt-Predicts-Bitcoin-BTC-to-Hit-150000-Heres-When.jpg)
Also Read: Senator Says Bitcoin Will be Vital to US Economy Post-Election
Brandt, based on the analysis above, predicts that Bitcoin (BTC), will reach $130,000-$150,000 in Q3 of 2025. This is about one year away. However, the trader notes, ‘The analysis of a method is not foolproofproof.‘ Hence, his prediction could be wrong. Nonetheless, ‘It is worth noting that past bull market highs line up very well with an inverted parabola curve.‘
When will Bitcoin BTC regain the all-time highest?
![bitcoin btc up rally green](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/1717416923_227_Peter-Brandt-Predicts-Bitcoin-BTC-to-Hit-150000-Heres-When.jpg)
![bitcoin btc up rally green](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/1717416923_227_Peter-Brandt-Predicts-Bitcoin-BTC-to-Hit-150000-Heres-When.jpg)
BTC was at its highest ever level of $73,737, on March 14, 2024. The US Securities and Exchange Commission (SEC) approved 11 BTC spot ETFs. This boosted the price. BTC has dropped by 6.6% from its peak in March. Many analysts believe that BTC will soon regain its previous high despite the correction.
Also Read: Goldman Sachs Calls Bitcoin ETF Approval a ‘Psychological Turning Point’
CoinCodex estimates that Bitcoin could hit $77230 on 6 June 2024. Furthermore, CoinCodex predicts BTC’s rally to continue throughout the month. CoinCodex predicts BTC will reach $89,066 at the end of October. To reach $89,066 at current levels represents a 29% increase.
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/Peter-Brandt-Predicts-Bitcoin-BTC-to-Hit-150000-Heres-When.png)
![](https://fxruhanahmed.com/2/wp-content/uploads/2024/06/Peter-Brandt-Predicts-Bitcoin-BTC-to-Hit-150000-Heres-When.png)
Changelly Bitcoin (BTC), also predicted to surge over the next In a few weeks. Platform predicts BTC will reach a new record high of $76,091 by June 5, 2024. The platform also predicts that BTC will reach a new high of $87,000 on June 28th, 2024.
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Source: watcher.guru