BREAKING
486d 5h ago

Bitcoin Price Forecast: Peter Brandt Warns of Downside Risks but Predicts $135,000 by 2025

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

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.

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