Experienced analyst Peter Brandt gave a timeline: 525 days until the Bitcoin peak.
As crypto markets await Wednesday's Fed meeting and comments from Chairman Jerome Powell, renowned analyst Peter Brandt set a target for Bitcoin between $160,000 and $200,000, and also provided a timeline for reaching this level.
American analyst Peter Brandt, with 720,000 followers on his X account, stated that he expects the current bull market to continue until the end of 2025. Brandt, who comments on the market, expressed his belief that Bitcoin will surpass the $160,000 price.
“There are 525 days left…”
The famous analyst, noting that it took 525 days for Bitcoin to surpass the $50,000 level from its low of $15,000 in November 2022, said:
“I trust more in the analysis I wrote back in February. I believe the bull market will continue until the end of 2025. Bitcoin surpassed $50,000 525 days after the $15,000 low. I also estimate that it will take this many days to reach the $160,000 peak.”
Brandt had previously stated in his analysis from February that Bitcoin could reach around $200,000 by September 2025.
“I’ve been holding Bitcoin for 8 years.”
Brandt, stating that we have passed the initial stages of the bull market regardless of price, said, “For me, the halving event was also halfway through the journey. However, it’s always important to manage risk well. I’ve been holding Bitcoin for 8 years.”
