Bitcoin Post-Halving Run May Reach $130K by September 2025

Peter Brandt, a well-known trader, predicts that Bitcoin could reach a peak of $130,000 to $150,000 between late August and early September 2025. This prediction is based on the patterns observed in previous post-halving bull markets.

Understanding Bitcoin Halving

Bitcoin halving is an event that occurs approximately every four years. During this event, the rewards for mining Bitcoin are cut in half. The most recent halving happened on April 20. Brandt suggests that past halving dates have shown a consistent pattern in bull market cycles. He explains that the halving usually happens around the middle of the bull market’s start and peak.

Historical Patterns

The last Bitcoin bull market began about 16 months before the halving on May 11, 2020, and ended around 18 months after the halving. Brandt’s analysis shows that the two previous halvings on July 9, 2016, and November 28, 2012, followed a similar pattern.

“If this sequence continues, the next bull market cycle high should occur in late August or early September 2025,” Brandt wrote. He admits that no method of analysis is fool-proof, but past patterns suggest a possible bull market high in the $130,000 to $150,000 range.

Current Market Status

Brandt marks December 17, 2022, as the start of the current bull market. At that time, Bitcoin traded around $16,800. Since then, Bitcoin’s price has increased by over 300%, reaching $67,882, according to Cointelegraph Markets Pro.

However, Bitcoin is down from its all-time high of $73,679 on March 14. Brandt believes there is a 25% chance that Bitcoin has already reached its peak for this cycle. If Bitcoin does not make a new all-time high and falls below $55,000, he would increase the likelihood of an “exponential decay.”

Potential Highs and Warnings

Brandt notes that Bitcoin’s previous cycle highs align well with an inverted parabolic curve. If this trend continues, Bitcoin could reach the $150,000 target. However, he cautions that his analysis is not fool-proof and traders should be careful.

Current Trading and Market Trends

At present, Bitcoin is trading at $67,528, having dropped 0.2% over the past 24 hours. The cryptocurrency is down more than 8% from its all-time high of $73,737.

Parallels with 2017

Cryptocurrency trader Jake Wujastyk recently pointed out that Bitcoin’s current price action is very similar to early 2017. This suggests there could be more potential for price increases.

Tom Lee, a known Bitcoin enthusiast, stated that the leading cryptocurrency could potentially surge to $150,000 this year. By 2025, Bitcoin could surpass $250,000.

Conclusion

Peter Brandt’s analysis provides an optimistic outlook for Bitcoin, predicting a significant price increase by late 2025. While his predictions are based on historical patterns, he also warns that market conditions can change and traders should exercise caution. The current trends and comparisons with past cycles suggest that Bitcoin still has a lot of potential for growth.

For investors and traders, understanding these patterns and keeping an eye on market changes can help in making informed decisions. As always, it is essential to conduct thorough research and consider various factors before making investment decisions in the volatile cryptocurrency market.