Peter Brandt: Bitcoin

Veteran trader Peter Brandt predicts that Bitcoin may reach $250,000 by the end of 2029, but it will need to experience a prolonged bottoming phase that could last until September or October 2026. His view is based on the historical pattern of Bitcoin's four-year halving cycle, in which bull markets typically reach their peak 16 to 18 months after a halving and bottom about a year after the peak. Brandt's perspective differs from analysts who believe the bear market ended in February this year; he stated that he will revise his prediction if Bitcoin's price movement deviates from historical patterns.