Bitcoin won’t hit $200K until Q3 2029: Veteran trader Peter Brandt
Veteran trader Peter Brandt said he doesn’t see Bitcoin reaching $200,000 before the end of the year as some crypto executives have predicted. In fact, he argues it may take nearly four more years to get there.
“The next bull market in Bitcoin should take us to $200,000 or so. That should be in around Q3 2029,” Brandt said in an X post on Thursday, while emphasizing that he is a “long-term bull on Bitcoin.”
So according to his prediction, the 4-year cycle still works correctly.
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