Peter Brandt: Bitcoin

AiCoin2026/05/04 04:48

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Veteran trader Peter Brandt predicts that Bitcoin may reach $250,000 by the end of 2029, but it will need to experience a prolonged bottoming phase that could last until September or October 2026. His view is based on the historical pattern of Bitcoin's four-year halving cycle, in which bull markets typically reach their peak 16 to 18 months after a halving and bottom about a year after the peak. Brandt's perspective differs from analysts who believe the bear market ended in February this year; he stated that he will revise his prediction if Bitcoin's price movement deviates from historical patterns.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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