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Legendary trader Peter Brandt, with nearly five decades of trading experience since 1975, has done just that shared a bullish prediction for the Bitcoin price trajectory in 2025. Regarding I measure cycles differently than most.”
How High Can Bitcoin Go in 2025?
Brandt’s analysis is rooted in the historical patterns observed in Bitcoin’s halving cycles. His chart, which shows Bitcoin price action from early 2022 with projections out to 2026, highlights two key periods of 518 days each. These periods represent critical phases in Bitcoin’s market behavior and represent the cyclical nature of its price movements.
One notable technical pattern identified in his chart is the breakout of a widening wedge. This formation, characterized by varying support and resistance lines, indicates increasing market volatility as prices reach higher highs and lower lows. The successful breakout from this pattern is considered a strong bullish signal.
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In a detailed June blog post titled “The Beautiful Symmetry of Past Bitcoin Bull Market Cycles,” Brandt discussed the significance of halving events. He noted that the halving dates “represented half of previous bull market cycles,” demonstrating near-perfect symmetry within these cycles. Specifically, the number of weeks from the start of each bull market cycle to the halving dates has been almost equal to the number of weeks from the halving dates to the subsequent bull market highs.
Based on this symmetrical pattern, Brandt argues that if the streak continues, “the next bull market cycle high should occur in late August/early September 2025.” He suggests that the highs of previous bull markets align well with an inverted parabolic curve, and if this trend continues, “the high of this bull market cycle could be between $130,000 and $150,000.”
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Despite his optimistic expectations, Brandt remains cautious. He emphasizes that “no method of analysis is infallible” and admits that he avoids being “dogmatic about any idea.” Although this view is his preferred analysis, he recognizes that it is not his only interpretation. Brandt notes that he still uses a 25% probability that Bitcoin’s price has already peaked for this cycle. Should Bitcoin fail to reach a decisive new all-time high and fall below $55,000, it would increase the chances of an ‘exponential decline’.
The crypto community has actively engaged with Brandt’s analysis. Popular crypto analyst Astronomer (@astronomer_zero) responded to X, agreeing with Brandt’s highest estimate and emphasizing the importance of accurately calling the market top. Astronomer commented: “I think you’re right on that top estimate Peter! As for reaching the bottom, now it is our duty to ideally reach the top in one go. The terminal price does that very well. I have six other statistics. If they all line up, it’s a sale. Location at $160,000.”
In a further exchange, an Brandt replied, “Eventually, yes. But let’s go step by step, without becoming too dogmatic.”
At the time of writing, BTC was trading at $74,940.
Featured image created with DALL.E, chart from TradingView.com
