Market Veteran Peter Brandt Says Bitcoin Could Tap $150,000 by August If This Happens
By: zycrypto|2025/05/02 23:00:05
0
Share
Veteran trader Peter Brandt has issued a bold prediction for Bitcoin, suggesting the cryptocurrency could reach between $125,000 and $150,000 by August or September 2025, provided it reclaims a crucial technical threshold. “ If Bitcoin can regain the broken parabolic slope, then BTC is on target to reach the bull market cycle top in the $125k to $150K level by Aug/Sep 2025, then a 50%+ correction,” Brandt tweeted on Thursday, referencing the classical charting methods he’s employed throughout his 40+ year trading career. Notably, Brandt’s analysis hinged on Bitcoin’s ability to return to the parabolic trendline it recently fell below. His chart identified key technical patterns including higher lows, a double top, and channel formation that suggest Bitcoin is positioned for a significant breakout if it can reclaim this critical curve. The prediction aligns with historical patterns observed in previous bull market cycles, particularly the 2017 run-up that followed a similar trajectory before a major correction. That said, the pundit’s forecast comes at a notable moment for the cryptocurrency market. Bitcoin tested the $97,000 level on May 1 for the first time since February, while the overall crypto market capitalization reached $3 trillion, matching March levels. Meanwhile, this price action has been accompanied by a surge in short-term investor activity, a phenomenon that CryptoQuant analyst DanCoinInvestor noted has preceded previous rallies. “Bitcoin’s current movement appears to be forming a pattern similar to the early and late 2024 pre-rally structures,” the analyst explained , pointing to sharp increases in short-term holder activity (1 day to 1 week) that occurred in January and October 2024 just before significant price surges. Fellow CryptoQuant contributor Axel Adler Jr. further suggested Bitcoin is “warming up” and already on the threshold of the “rally zone,” with on-chain momentum metrics positioned at approximately 0.8 (80%). In a detailed analysis, Adler outlined three potential scenarios for the next six months In the bullish scenario, if the ratio breaks above 1.0 and sustains that level, it would likely trigger a new wave of market momentum, with NUPL and MVRV metrics confirming a breakout. This could push Bitcoin’s price to between $150,000 and $175,000, following a pattern similar to previous cycle peaks in 2017 and 2021. The base-case scenario envisioned the ratio remaining in the 0.8–1.0 range, resulting in a prolonged consolidation phase where Bitcoin fluctuates within a wide band of $90,000 to $110,000, as investors hold but refrain from aggressive accumulation. In the bearish scenario, if the ratio declines toward 0.75 or lower, short-term holders may begin locking in profits, potentially leading to a correction that could bring Bitcoin down to $70,000–$85,000. However, given that a correction has already occurred recently, Adler considered the bullish and base-case outcomes more likely at this stage. At press time, BTC was trading at $96,746 reflecting a 1.49% surge in the past 24 hours.
You may also like

From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments
By establishing a framework based on the principle of "general law" and broadly defining the function of "payment tools," future innovations can be automatically included in the regulatory perspective, thereby breaking the passive cycle of "innovation-regulation-re-innovation-re-regulation" and guid...

Who will own the most Bitcoin in 2026
In this article, we will examine some individuals, companies, and wallets that have become crypto whales based on on-chain data and their own public statements, and investigate the amount of Bitcoin they hold.

A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic
What shapes the global AI landscape is not only the competition of technological routes but also a personal trauma that has never healed.

"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?
The encryption czar has left, and Trump has muted.

From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC
Financial infrastructure is the real reason that attracts venture capital investment in the cryptocurrency field.

A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic
Shaping the global AI landscape is not just a battle of technical paths, but also a wound of private trauma that has never healed

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized
Essentially, this attribute allows stakeholders to have a "virtual lane" within a high-throughput blockchain to ensure their transactions can be included.

a16z: The True Meaning of Strong Chain Quality, Block Space Should Not Be Monopolized
Essentially, this attribute allows stakeholders to have "virtual lanes" within a high-throughput blockchain, ensuring that their transactions can be included.

2% user contribution, 90% trading volume: The real picture of Polymarket
Is Polymarket a battleground for retail investors or an arena for institutions?

Trump Can't Take It Anymore, 5 Signals of the US-Iran Ceasefire
From Oil Prices and Elections to Secret Negotiations, Are the US and Iran Really Heading for a Ceasefire?

Judge Halts Pentagon's Retaliation Against Anthropic | Rewire News Evening Brief
The "Orwellian" Term Stymies Pentagon's Supply Chain Risk Label for Anthropic

Midfield Battle of Perp DEX: The Decliners, The Self-Savers, and The Latecomers
Hyperliquid has captured this wave of geopolitical market trends with commodity contracts. Decentralized exchanges are moving from internal competition within the crypto industry to a genuine alternative to traditional financial infrastructure, and this direction has only just begun.

Iran War Stalemate: What Signal Should the Market Follow?
Watch the Bond Market

Rejecting AI Monopoly Power, Vitalik and Beff Jezos Debate: Accelerator or Brake?
Can technological advancement be guided, or has it already gone beyond our control?

Insider Trading Alert! Will Trump Call a Truce by End of April?
Multiple Accounts Accurately Predict War, Earn $1.8 Million

After establishing itself as the top tokenized stock, does Ondo have any new highlights?
The total market capitalization of the global stock market is about $150 trillion, while the tokenized stocks market is currently only $10 billion in size, making it akin to a nascent super market that has just cracked the door open.

BIT Brand Upgrade First Appearance, Hosts "Trust in Digital Finance" Industry Event in Singapore
Discussing topics such as governance standards, compliance frameworks, and operational infrastructure within the context of the institutionalization process

OpenClaw Founder Interview: Why the US Should Learn from China on AI Implementation
In the US, using OpenClaw may get you fired; in China, not using it may get you fired
From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments
By establishing a framework based on the principle of "general law" and broadly defining the function of "payment tools," future innovations can be automatically included in the regulatory perspective, thereby breaking the passive cycle of "innovation-regulation-re-innovation-re-regulation" and guid...
Who will own the most Bitcoin in 2026
In this article, we will examine some individuals, companies, and wallets that have become crypto whales based on on-chain data and their own public statements, and investigate the amount of Bitcoin they hold.
A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic
What shapes the global AI landscape is not only the competition of technological routes but also a personal trauma that has never healed.
"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?
The encryption czar has left, and Trump has muted.
From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC
Financial infrastructure is the real reason that attracts venture capital investment in the cryptocurrency field.
A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic
Shaping the global AI landscape is not just a battle of technical paths, but also a wound of private trauma that has never healed
