In a recent analysis, seasoned trader Peter Brandt, who boasts an impressive trading career since 1975, has expressed a bullish outlook for Bitcoin's price trajectory in 2025. Brandt anticipates that Bitcoin could peak between $130,000 and $150,000 in late August or early September of that year, attributing this potential rise to the cryptocurrency's halving cycle patterns.
Brandt conveyed his insights on X, emphasizing his unique approach to measuring cycles compared to others in the industry.
Brandt's predictions capitalize on historical patterns associated with Bitcoin's halving events. His analysis includes a detailed chart that tracks Bitcoin’s price movements from early 2022 and projects them into 2026. The chart indicates two notable 518-day periods that underscore Bitcoin’s cyclical price nature.
One of the significant technical indicators in Brandt’s chart is a breakout from a broadening wedge—a pattern often marked by increased market volatility as it establishes higher highs and lower lows. A successful breakout is regarded as a strong bullish indicator.
In a comprehensive post from June titled "The Beautiful Symmetry of Past Bitcoin Bull Market Cycles," Brandt discussed the inherent symmetry found in these cycles. According to Brandt, the halving dates have historically marked the midpoint of bull market cycles, with the duration from cycle inception to halving closely mirroring the duration from halving to market peaks. This historical symmetry leads Brandt to predict a potential market high in late August or early September 2025. He suggests that consistent past patterns align with an inverted parabolic curve, indicating that Bitcoin might reach between $130,000 and $150,000 if the trend continues.
While optimistic, Brandt exercises caution in his projections. He acknowledges that "no method of analysis is fool-proof" and remains open to alternative interpretations. Brandt assigns a 25% probability to the possibility that Bitcoin has already peaked in this cycle. He warns that failure to achieve a decisive new high and a drop below $55,000 could indicate an "Exponential Decay."
Brandt’s analysis has resonated within the crypto community. Well-known analyst Astronomer (@astronomer_zero) commended Brandt's estimates and emphasized the significance of correctly identifying the market's peak. Astronomer stated that “the terminal price” serves as an ideal marker and noted that he relies on six additional metrics to guide sell decisions if they converge at $160,000.
An intriguing conversation followed when an X user questioned the implications for the Bitcoin to gold (BTC/GLD) ratio. Brandt acknowledged this consideration, responding, “Eventually, yes,” while advising caution against becoming overly dogmatic. At the time of reporting, Bitcoin was trading at $74,940.