It is forecasted that the value of Bitcoin will surge to $130,000 by the end of 2025.

Peter Brandt, a trader, proposes that the current upward trend of Bitcoin is similar to previous cycles after halvings, hinting at the possibility of a price jump to $130,000 by the conclusion of the upcoming year.

Analysis of the Bitcoin Halving Cycle

According to trader Peter Brandt, Bitcoin (BTC) may see a high point of $130,000 to $150,000 in late August or early September, based on past patterns of bullish market trends after halving.

The recent Bitcoin halving event on April 20 occurs approximately every four years, reducing mining rewards by 50%. Brandt’s analysis indicates that halving dates have historically aligned with the start and peak of bull market cycles.

According to Brandt’s study, the previous halvings that occurred in July 2016 and November 2012 displayed a similar trend. The next potential peak for a bull market is estimated to take place in late August or early September 2025.

Brandt recognizes that accurately forecasting the peak of Bitcoin’s cycle is not guaranteed, but using past patterns, he approximates that it could potentially reach a maximum of $130,000 to $150,000.

Potential Market Top

Brandt identifies December 17, 2022, as the beginning of the current bull market, with BTC trading around $16,800 at that time. Despite reaching over $67,882 since then, Bitcoin has experienced a decline from its all-time high of $73,679 on March 14.

Brandt proposes that the likelihood of Bitcoin hitting its peak in a bull market is 25%, particularly considering that the profits for each cycle are becoming smaller compared to earlier cycles. In the event that Bitcoin is unable to exceed its previous record high and falls below $55,000, Brandt speculates that the cryptocurrency may be encountering “exponential decay.”