Bitcoin's Bull Run Could Reach $150K by 2025, Predicts Crypto Trader Peter Brandt

According to CryptoPotato, renowned crypto trader Peter Brandt has predicted that Bitcoin's current bull run could peak between $130,000 and $150,000 by late August to early September 2025. This projection is based on historical patterns following Bitcoin's previous halving events, which occur approximately every four years and cut mining rewards by half. Brandt believes these events have significantly shaped Bitcoin's bull market cycles. In his report, Brandt detailed how previous halving dates have represented almost perfect symmetry within past bull market cycles. He noted that the number of weeks from the start of each bull market cycle, typically marked by a significant low following a decline of over 75%, to the halving dates is almost equal to the number of weeks from the halving dates to the following bull market highs. Analyzing past patterns, Brandt pointed to the last Bitcoin bull market, which started about 16 months before the halving on May 11, 2020, and concluded roughly 18 months later. This pattern aligns with previous cycles following the July 9, 2016, and November 28, 2012 halvings. Brandt's analysis suggests that the current bull market began on December 17, 2022, with Bitcoin trading around $16,800. Since then, Bitcoin has surged over 300%, reaching an all-time high of $73,800 on March 14. However, Brandt also warned of a 25% probability that Bitcoin has already reached its bull market peak, given that each cycle's gains are reducing when compared to the previous one. He also cautioned that if Bitcoin fails to surpass its previous high and drops below $55,000, it could signify an 'exponential decay' in its market value. Brandt stressed the importance for traders to watch for signs of exponential decay carefully.