Bold prediction about Bitcoin from Peter Brandt
Famous cryptocurrency critic Peter Brandt has made a strong price prediction. According to him, if Bitcoin can reclaim the broken parabolic resistance level, it could peak in the cycle at between $125,000 to $150,000 in August or September 2025. However, Brandt also warns of the possibility of a more than 50% correction afterwards.
Parabolic recovery could push Bitcoin to $125,000 – $150,000
Brandt's chart shows a red curve, representing the long-term parabolic trend that has supported Bitcoin's major price increases in the past. Currently, Bitcoin is around $96,797, with the 18-week moving average at $89,027 and the simple moving average at about $86,052. If it recovers, it could bring the price to Brandt's target in 2025.
From $96,000 to $150,000... Then a drop of 50%?
Brandt warns that after reaching its peak, Bitcoin could drop 50% or more, bringing the price down to around $62,000 – $75,000. History shows that such corrections are quite common, and Brandt believes this situation could repeat.
Is a price of $1 million feasible?
A user asked whether Bitcoin could reach $1 million. Brandt replied: "Only if there is a sudden collapse of the USD," for example, a major financial crash. Without an extreme event, this possibility is unlikely to happen in the current trend.
Source: https://tintucbitcoin.com/peter-brandt-du-doan-btc-dat-150k-usd-nam-2025/
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