Veteran trader and well-known chartist Peter Brandt has predicted bitcoin could reach a high of between $130,000 and $150,000 in the current bull market, likely topping out around August or September 2025. Brandt explained his outlook in a post on social media platform X Wednesday, stating:

Bitcoin $BTC is now in the sweet spot of the bull market halving cycle that should top in the $130k to $150K range next Aug/Sep.

Bitcoin’s chart provided by Peter Brandt in a post on X Wednesday.

“I measure cycles differently than most,” he clarified. In a June article on The Factor Report, Brandt explained that bitcoin’s halving cycles often create a symmetrical timing pattern in bull markets. These halving events, which cut mining rewards in half, have historically divided bull cycles into two phases: from the low point after a decline to the halving and then from the halving to the market peak. Brandt’s analysis indicates that BTC could follow this same pattern in the current cycle.

The veteran trader added that, if the pattern holds, bitcoin’s highs could follow an inverted parabolic curve, suggesting substantial upward movement in the coming year. He emphasized:

Should this tendency also continue, the high of this bull market cycle could be in the $130,000 to $150,000 range.

Brandt remains optimistic but cautious, assigning a 25% chance that BTC may have already peaked this cycle. He previously noted he would raise this probability if the cryptocurrency fails to reach a new all-time high and falls below $55,000.

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