Bitcoin has shown a strong start to the new month, breaking into the $96,500 level and inching closer to the long-lost $100K threshold.
Amid this promising movement, renowned market veteran Peter Brandt issued a bold projection for the crypto firstborn. In a tweet just hours ago, Brandt argued that BTC could reach a cycle top between $125,000 and $150,000 by August or September 2025, essentially the third quarter of this year.
Brandt believes this outlook is achievable provided Bitcoin reclaims its previously broken parabolic trendline. He shared a long-term weekly chart analysis highlighting Bitcoin’s historical price patterns and technical formations.
According to the chart, BTC is climbing within a bullish wedge formation and remains inside a multi-year ascending channel. If the momentum is sustained, this suggests a continuation of the uptrend.
Bitcoin Target Range Hinges on Parabola Reclaim
Essentially, Brandt stressed the importance of Bitcoin regaining its parabolic trajectory, an upward curve that has defined previous bull cycles. Specifically, the curve defined Bitcoin’s peak in the 2021 season.
A successful reclaim could propel BTC to the red zone marked on his chart, between $125K and $150K. In Brandt’s view, this could be the final leg of this cycle’s bull run. Notably, with Bitcoin trading around $96,000, the road to $150K would represent a 56% gain from current levels.
Further, the chart also identified multiple classic technical patterns such as Head & Shoulders (H&S), Channels (Chnl), and Expanding Triangles (Exp). All of these formations historically preceded major price movements for Bitcoin, both bearish and bullish.
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.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
