On October 12, COINOTAG highlighted insights from analyst Peter Brandt, underscoring a cautious outlook for Bitcoin investors. Brandt’s analysis reveals that Bitcoin has gone without recording a new high for 30 weeks, a pattern historically linked to significant downturns, often exceeding 75%. Despite these warnings, Brandt maintains a bullish stance, forecasting Bitcoin could approach $135,000 by August or September 2025. However, he cautions that should Bitcoin dip below the critical threshold of $48,000, his bullish outlook would require reevaluation. Furthermore, Brandt noted that Bitcoin’s historical performance suggests that many of its substantial gains typically manifest in the latter part of its four-year halving cycle, indicating a potential timeline for investors to watch closely.
Source: https://en.coinotag.com/breakingnews/bitcoin-price-forecast-peter-brandt-warns-of-downside-risks-but-predicts-135000-by-2025/