Legendary trader Peter L. Brandt recently issued a bold forecast for Bitcoin. By September 2025, Brandt estimates Bitcoin will rise to between $150,000 and $130,000.
This forecast is based on past trends in Bitcoin’s market cycles, particularly those associated with its “halving” events.
Bitcoin’s symmetrical cycle of halving events
Brandt highlights the critical importance of Bitcoin’s halving dates in his most recent research, “The Beautiful Symmetry of Past Bitcoin Bull Market Cycles.” Historically, the halfway points of Bitcoin’s bull market cycles have been identified with these events, in which mining incentives are halved.
According to Brandt’s assessment on June 2, Bitcoin typically halves during a bullish period. The previous market boom lasted about 16 months before the decline and about 18 months after the decline. This is consistent with the previous decline patterns of 2016 and 2012.
Brandt forecasts that if this pattern continues, Bitcoin could achieve its second peak by late August or early September 2025. Based on the inverted parabolic curve, which has been the hallmark of previous bull markets, he estimates that the price could rise to between $130,000 and $150,000.
But Brandt also said that, given the direction the currency is heading, there is a 25% chance that Bitcoin has already reached the peak of its bull market.
Bitcoin has risen by over 300% from the start of the current bull market on December 17, 2022, to a record high of $73,679 on March 14. Since then, it has fallen to around $67,882.
Many well-known analysts have made positive predictions for Bitcoin. Technical analyst CryptoCon has emphasized the importance of the Market Value to Realized Value (MVRV) indicator in determining the top and bottom of the Bitcoin cycle.
According to CryptoCon, Bitcoin’s price peaked in March 2024, matching prior cycles’ initial highs. This shows that there is an opportunity for additional development.
PlanB. also endorsed bullish views. He emphasized how Bitcoin performed after its June halving and pointed out that it fit the stock-to-flow concept.
His study shows that Bitcoin is expected to remain in a bull market even after the halving. PlanB pointed out that Bitcoin’s stock-to-flow model exhibits a similar trend as the previous three halving.
