Veteran trader Peter Brandt sees bitcoin hitting $250,000, but only after a bottom later this year
Veteran trader Peter Brandt sees bitcoin rallying to $250,000 in 2029, but only after the market finishes a long drawn-out bottoming process that could last into September 2026....
Key takeaways
- 1Peter Brandt projects Bitcoin reaching $250,000 in late 2029 after a bottoming period extending to September-October 2026.
- 2Bitcoin's four-year halving cycle shows bull peaks 16-18 months post-halving, followed by year-long bear markets starting 12-18 months before next halving.
- 3Brandt expects potential correction to $40,000-$50,000 range but will revise forecast if price action deviates from historical cycle patterns.
Coins in this story
Why it matters
For Indian retail investors, this long-term cycle perspective helps contextualize short-term volatility; understanding halving patterns can guide investment timing decisions in volatile crypto markets where regulatory clarity remains limited in India.
Explore how Regulation is shaping crypto markets — aggregated stories, leading coins, and weekly momentum.
Explore narrativeRelated stories
XRP zooms above $1.40 on rising volume, putting focus on further breakout
Sharp volume surge drives move through $1.40, meaning traders may now watch whether the level holds as support....
Dogecoin jumps 4% to lead gains among majors as bitcoin zooms higher
Sharp volume spike drives breakout through resistance, with price now testing whether the level flips to support....
Bitcoin climbs past $80K for the first time since January
Bitcoin surged past $80,000 Monday for the first time since January, rising 2.7% as Asian equities rallied. The breakout coincided with MSCI AC Asia Index gains and strong institutional inflows into US Bitcoin ETFs. Ethereum, XRP, and BNB also climbed. Industry analysts see potential for Bitcoin reaching $100,000, buoyed by positive regulatory momentum including stablecoin compromise in Congress and anticipated Trump administration announcements.