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According to trader Peter Brandt, Bitcoin's post-halving run may reach $130K by September 2025. Brandt's analysis suggests Bitcoin could hit a cycle high between $130,000 and $150,000, following past bull market patterns.
Peter Brandt Predicts Bitcoin Could Hit $150,000 in 2025, Following Post-Halving Bull Market Trends
In a recent report by Cointelegraph, Peter Brandt, a cryptocurrency trader, estimates that Bitcoin could reach a cycle high of $130,000 to $150,000 between late August and early September if it follows the trajectory of previous post-halving bull markets.
The April 20 Bitcoin halving occurred recently and is a coded-in event that reduces mining rewards by 50% every four years. In a June 2 report, Brandt wrote that halving dates "represented almost perfect symmetry within past bull market cycles."
He asserted that historically, the Bitcoin halving date has occurred roughly midway between the beginning and end of a bull market.
Brandt's analysis indicates that the previous Bitcoin bull market commenced approximately 16 months before the halving on May 11, 2020, and concluded approximately 18 months later.
Brandt observed that the two preceding halvings, which occurred on November 28, 2012, and July 9, 2016, followed a comparable pattern.
"If this sequence continues, the next bull market cycle high should occur in late Aug/early Sep 2025," he wrote.
Brandt added that "no method of analysis is fool-proof" when it comes to guessing Bitcoin's cycle high, but past highs have followed a similar growth pattern. If this pattern continues, he puts a bull market high "in the $130,000 to $150,000 range."
Bitcoin Surges Over 300% Since December 2022, But Analyst Warns of Potential Bull Market Peak
Brandt's analysis designates the beginning of the present bull market as December 17, 2022. When it was worth approximately $16,800, Bitcoin has since increased in value by more than 300 percent, reaching $67,882, according to Cointelegraph Markets Pro.
However, Bitcoin is down from its all-time high of $73,679 on March 14, and Brandt believes there is a 25% possibility that Bitcoin has already reached the peak of a bull market, given that the gains of each bull cycle diminish in comparison to the one that came before it.
Brandt states that if Bitcoin falls below $55,000 and fails to establish a new all-time high, he would increase the likelihood that the cryptocurrency is undergoing an "exponential decay."
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