Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 13285
Markets: 101325
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
America's Social Casino

Market Cap
24h Vol
13285
Cryptocurrencies
63.89%
Bitcoin Share
ZyCrypto 2025-05-02 14:34:37

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

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

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.

Most Read News

Moralis Money
Market Cap
24h Vol
63.89%
Bitcoin Share
318
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.