Market Veteran Peter Brandt Says Bitcoin Could Tap $150,000 by August If This Happens ⋆ ZyCrypto

Veteran trader Peter Brandt has issued a bold prediction for Bitcoin, suggesting the cryptocurrency could reach between $125,000 and $150,000 by August or September 2025, provided it reclaims a crucial technical threshold. “ If Bitcoin can regain the broken parabolic slope, then BTC is on target to reach the bull market cycle top in the $125k to $150K level by Aug/Sep 2025, then a 50%+ correction,” Brandt tweeted on Thursday, referencing the classical charting methods he’s employed throughout his 40+ year trading career. Notably, Brandt’s analysis hinged on Bitcoin’s ability to return to the parabolic trendline it recently fell below. His chart identified key technical patterns including higher lows, a double top, and channel formation that suggest Bitcoin is positioned for a significant breakout if it can reclaim this critical curve. The prediction aligns with historical patterns observed in previous bull market cycles, particularly the 2017 run-up that followed a similar trajectory before a major correction. That said, the pundit’s forecast comes at a notable moment for the cryptocurrency market. Bitcoin tested the $97,000 level on May 1 for the first time since February, while the overall crypto market capitalization reached $3 trillion, matching March levels. Meanwhile, this price action has been accompanied by a surge in short-term investor activity, a phenomenon that CryptoQuant analyst DanCoinInvestor noted has preceded previous rallies. “Bitcoin’s current movement appears to be forming a pattern similar to the early and late 2024 pre-rally structures,” the analyst explained, pointing to sharp increases in short-term holder activity (1 day to 1 week) that occurred in January and October 2024 just before significant price surges. Fellow CryptoQuant contributor Axel Adler Jr. further suggested Bitcoin is “warming up” and already on the threshold of the “rally zone,” with on-chain momentum metrics positioned at approximately 0.8 (80%). In a detailed analysis, Adler outlined three potential scenarios for the next six months In the bullish scenario, if the ratio breaks above 1.0 and sustains that level, it would likely trigger a new wave of market momentum, with NUPL and MVRV metrics confirming a breakout. This could push Bitcoin’s price to between $150,000 and $175,000, following a pattern similar to previous cycle peaks in 2017 and 2021. The base-case scenario envisioned the ratio remaining in the 0.8–1.0 range, resulting in a prolonged consolidation phase where Bitcoin fluctuates within a wide band of $90,000 to $110,000, as investors hold but refrain from aggressive accumulation. In the bearish scenario, if the ratio declines toward 0.75 or lower, short-term holders may begin locking in profits, potentially leading to a correction that could bring Bitcoin down to $70,000–$85,000. However, given that a correction has already occurred recently, Adler considered the bullish and base-case outcomes more likely at this stage. At press time, BTC was trading at $96,746 reflecting a 1.49% surge in the past 24 hours. Source: https://zycrypto.com/market-veteran-peter-brandt-says-bitcoin-could-tap-150000-by-august-if-this-happens/