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Home CRYPTO

Bitcoin Price Target of $135,000 if Possible in Q3 2025, and Here is Why

by Sham
October 9, 2024
in CRYPTO, OPINION
Reading Time: 2 mins read
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• BTC price target sees $135,000 in 2025 — if Bitcoin bulls avoid a 25% dip
• Veteran trader Peter Brandt says Bitcoin needs to avoid a trip below $48,000 to preserve the odds of hitting a six-figure all-time high next year
• There is consensus favoring BTC’s upside continuation, with 2025 being the favorite year for its next macro top

Bitcoin has the potential to reach $135,000 by 2025, according to veteran trader Peter Brandt. However, this is contingent on Bitcoin avoiding a significant drop below $48,000.

NEW: Legendary trader @PeterLBrandt revealed his Bitcoin $BTC price target of $135,000 in Q3 2025 🔥 pic.twitter.com/aydpeVyqWm

— BlockNews.com (@blocknewsdotcom) October 9, 2024

Peter Brandt’s Bitcoin Price Target

Brandt sees Bitcoin hitting $135,000 by August or September 2025. He believes the second half of Bitcoin’s four-year halving cycles produces the biggest price gains.

Brandt’s analysis shows the period since March 2021 as a minor pause in an ongoing uptrend. A weekly chart illustrates his price target and the importance of $48,000 as a make-or-break level. If Bitcoin falls below $48,000, Brandt’s analysis would be invalidated.

Other Opinions on Bitcoin’s Future Price

Others share Brandt’s long-term bullishness on Bitcoin, with many forecasting new all-time highs in 2025. Price targets range from $125,000 to $275,000 by the end of 2025.

Some models emphasize Bitcoin’s first halving in 2012 as an indicator for future price action. Calls for new highs in 2021 did not materialize, despite strong monthly returns.

Conclusion

There is consensus that Bitcoin has significant upside potential in the coming years. However, predictions are varied on exact price targets and timing. Maintaining support above $48,000 seems key for Bitcoin to reach six figures by 2025.

Tags: all-time highsBitcoinlong-termPeter Brandt
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