Bitcoin to rise over 120% by 2025, says renowned economist $BTC

Bitcoin, the world's largest cryptocurrency, could rise by 120% this year, according to predictions from experienced trader Peter Brandt.

Amid market fluctuations, Brandt maintains an optimistic outlook on Bitcoin's future, estimating that the digital asset will reach the $135,000 mark by August or September 2025.

Brandt, known for his assertive market analyses, highlighted that Bitcoin tends to record large gains in the second half of halving cycles, when the reward for mining the cryptocurrency is cut in half. This phenomenon historically drives the price of BTC.

According to him, this cycle should repeat itself in the coming months, resulting in a significant increase in the asset's price.

Furthermore, the veteran trader mentioned that for his bullish analysis to remain valid, Bitcoin needs to remain above the $48,000 level.

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Any dip below that level could invalidate the bullish projection. However, Brandt remains confident that Bitcoin has room to grow, especially as its fundamentals strengthen and liquidity in the market increases.