$BTC Bitcoin Price Prediction: Peter Brandt sees $150K BTC by 2025
Bitcoin's biggest critic and veteran trader Peter Brandt shared a bold price prediction. According to him, if Bitcoin manages to recover its broken parabolic trend line, it could rise to a cycle peak between $125,000 and $150,000 by August or September 2025.
But Brandt also warns that, after that, Bitcoin could face a sharp correction of more than 50%.
Let's dive into the details!
The parabolic recovery could lead to a rally of $125K – $150K
Yes, you read that right, Bitcoin could be on its way to a six-figure price. The chart shared by Peter Brandt highlights a red curved line, which represents a long-term parabolic trend that has supported Bitcoin's largest bullish rallies in the past.
Hey @scottmelker If Bitcoin can recover the broken parabolic curve, then $BTC is on track to reach the top of the bullish market cycle in the range of $125K to $150K by August/September 2025, followed by a correction of more than 50% pic.twitter.com/WUUzxl0ckn
However, Bitcoin recently fell below this curve, raising doubts about whether it can regain its strong upward momentum.
Currently, Bitcoin is floating around $96,797, with its 18-week moving average (WMA) close to $89,027 and the simple moving average (SMA) around $86,052. If Bitcoin can recover above the broken parabolic curve, Brandt sees a clear path towards his price target of $125K–$150K by August and September 2020.
Additionally, the chart also includes a red point around the $130,000 level, marking the possible cycle top if the parabolic strength returns.
From $96K to $150K... Then a 50% drop?
Brandt warns that after reaching the projected high, Bitcoin could face a correction of 50% or more, which is consistent with past cycle behavior. A 50% drop from $125K–$150K would bring BTC down to about $62K–$75K.
So, while the upside potential is exciting, the risk of volatility is equally real. This type of correction has happened before, and Brandt expects history to repeat itself.
