BCGAME - Free 5BTC Daily Bonus!What is the forecast for Bitcoin in 2025? A recent technical analysis has revealed a potential bullish breakout in Bitcoin’s price to a staggering $150 by 2025. Peter Brandt, one of the most prominent commodities traders, has shared a very optimistic prediction for the rise of the largest cryptocurrency on the market.
Analyzing BTC’s price cycles, Brandt revealed in a technical analysis shared on Nov. 6 that he predicts that the Bitcoin price will peak at $150.000 by mid-August/September 2025.
Brandt highlighted that the largest crypto asset is currently in the “sweet spot” of the market’s bullish cycle. The analyst also stressed that he evaluates halving cycles differently than other traders. Bitcoin’s halving took place in April of this year.
“Bitcoin $BTC is now in the sweet spot of the bull market halving cycle that should top out in the $130k to $150k range in Aug/Sept. I evaluate cycles differently than most,” wrote.
In a historic milestone for the cryptocurrency market, the Bitcoin (BTC) recently broke the $76.000 barrier, reaching a new all-time high of $76.243,98. This event occurred amid heightened optimism fueled by Donald Trump’s victory as US President, which many analysts believe could be beneficial for digital assets.
At the time of publication, the price of Bitcoin was quoted at US$74.853,01, up 1.0% in the last 24 hours.
BTC to 130K? Bitcoin Forecast for January 2025
What is the Bitcoin forecast for January 2025? Recent technical analysis has revealed a potential bullish breakout in Bitcoin price to a staggering $130K early next year.
In a technical analysis shared on TradingView, the expert known as Xanrox highlighted that Bitcoin is almost ready to “start a new and final huge wave upwards”, setting in his prediction the price target at around $130 by January 2025. However, the analyst also stated that, after reaching the peak, the price of BTC could fall sharply to $60 in the next bear cycle.
