Veteran trader Peter Brandt has sparked discussions with his recent Bitcoin price prediction to hit as much as $150K in 2025. Although the bullish prediction has fueled optimism among market participants, some call this target a bit conservative. Besides, Brandt has also shared a warning of a potential BTC crash after it reaches the cycle peak.
Peter Brandt Predicts Bitcoin Price’s Cycle Peak
In a recent post on X, Peter Brandt has shared a bold prediction. He suggested that Bitcoin price could hit its bull cycle peak by August or September 2025. However, he noted that BTC must reclaim its “broken parabolic slope.” According to Brandt, if this structure holds, the flagship crypto could touch between $125K and $150K in the current cycle.
However, what really caught the investors’ eye is Brandt projecting a BTC crash of more than 50% once it reaches its peak. Besides, he also tagged analyst Scott Melker, also known as The Wolf of All Streets, in his post. Scott Melker responded to the post, signaling his support for Brandt’s outlook and sparking discussions in the market.
Despite that, some crypto enthusiasts view this target as underwhelming. Given BTC’s current momentum and growing institutional focus, many believe the crypto could rise much higher.
Meanwhile, Rich Dad Poor Dad author Robert Kiyosaki recently predicted that Bitcoin price could soar as high as $200,000 by 2025. His bullish stance underscores the growing divide between conservative projections and bullish expectations.
BTC Hits Multi-Month High
Bitcoin price has recorded a new high since February, soaring past the $97,400 mark in the last 24 hours. However, during writing, it rested at $96,790 accompanied by a trading volume of $33.16 billion. Besides, the BTC Futures Open interest also rose by nearly 8%, reflecting the strong market confidence in the asset.
On the other hand, the US Spot BTC ETF regained momentum on April 1 after a brief pause, adding around $422 million in total. Considering all these latest market trends, it is likely that the flagship crypto might continue to move upwards in the coming days.
Meanwhile, a recent BTC price prediction also showed that the crypto is poised to hit $100K soon. However, with Brandt’s experience and Scott Melker’s support of the outlook, the investors should exercise due diligence while making their bets.
The post Peter Brandt Sets Bitcoin Price Target At $150K With A Stark Warning appeared first on CoinGape.