Legendary Analyst Peter Brandt Gave a Date for 150 Thousand Dollar Bitcoin!

Bitcoin (BTC) started the new month with a rise after experiencing sharp dumps and went above 97 thousand dollars.

As BTC approaches the 100 thousand dollar threshold, expectations for a rise continue, while veteran analyst Peter Brandt has made a new post.

Gave Date for Peak in Bitcoin!

Amid these promising recent movements, Peter Brandt made a bold prediction for crypto BTC.

Brandt argued in a post from account X that BTC could reach a cyclical peak between 125,000 and 150,000 dollars by August or September 2025.

Brandt's timing for the end of Bitcoin's bull rally coincides with typical historical cycles, where price peaks occur 12-18 months after the halving event. Since the last halving occurred in April 2024, the analyst's peak forecast pointing to August-September 2025 seems to be in line with the timeframe.

Correction Warning!

Brandt, marking the third quarter for the peak in Bitcoin, also warned that a significant correction will follow this peak.

The seasoned analyst arguing that the correction will lead to a drop of more than 50% believes that this could pull BTC back to the range of 60,000-75,000 dollars in line with historical pullbacks from previous cycles.

"If Bitcoin can regain the broken parabolic slope, the price is on track to reach the peak of a bull market cycle at levels between 125,000 and 150,000 dollars by August/September 2025."

There will be a correction of more than 50% after the > Break."

Hey @scottmelker If Bitcoin can regain the broken parabolic slope then $BTC is on target to reach the bull market cycle top in the $125k to $150K level by Aug/Sep 2025, then a 50%+ correction pic.twitter.com/WUUzxl0ckn

— Peter Brandt (@PeterLBrandt) May 1, 2025