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Bitcoin Poised for Major Rally, Analyst Predicts Peak Between at $150K by 2025

07.11.2024 18:30 1 min. read Alexander Stefanov
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Bitcoin Poised for Major Rally, Analyst Predicts Peak Between at $150K by 2025

With Bitcoin reaching new heights following Trump's victory in the presidential race, investors are speculating on how much further the cryptocurrency will climb and when it might peak.

Veteran analyst Peter Brandt, with 50 years of experience as a trader an market expert, believes Bitcoin is positioned for a significant rally.

He forecasts that the cryptocurrency could hit a peak of between $130,000 and $150,000 by mid-2025, around the time of the next halving event.

Brandt, sharing his analysis on X, emphasized that Bitcoin is currently in the ideal phase of its market cycle, leading up to the halving.

Drawing from historical trends, he pointed out that Bitcoin’s price typically experiences similar growth patterns both before and after halving events, suggesting a possible peak in August or September 2025.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

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