Veteran Analyst Brandt Doubles Down: Bitcoin Targets $120K-$150K in Next Bull Cycle

Bitcoin’s price trajectory just got a bold new forecast from a seasoned market watcher. Trading veteran Peter Brandt—known for his uncanny macro calls—now projects BTC will hit $120,000 to $150,000 in the coming rally.

The prediction hinges on historical fractals: Brandt’s proprietary models suggest Bitcoin’s current consolidation mirrors 2016’s pre-bull market accumulation. If the pattern holds, the next parabolic move could begin Q4 2024.

Key catalysts? Spot ETF inflows finally hitting critical mass and the Fed’s inevitable pivot to rate cuts as recession risks mount. Brandt cautions, however, that leveraged traders might front-run the move—creating the kind of volatility that shakes out weak hands.

One cynical aside: Wall Street banks will likely claim they saw this coming... right after they finish shorting the $20K support level.

Peter Brandt Bitcoin Chart Notably, Brandt’s timing for the end of Bitcoin’s bull run aligns with typical historical cycles where price peaks occur 12–18 months after a halving event. With the last halving in April 2024, the August–September 2025 timeframe fits within that expected window. Essentially, Brandt’s price prediction model echoes previous market cycle trends, which also highlight the potential for a typical post-bull correction. A 50%+ Correction May Follow While the bullish scenario excites many investors, Brandt also warns of what comes after the euphoria: a sharp decline. His forecast includes an over 50% correction following the cycle peak. This could drag BTC back to the $60K–$75K range, aligning with the historical retracements in past cycles. At press time, Bitcoin is trading at $96,862, up over 3% today, showing determination to reclaim higher levels.