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Peter Brandt, a respected figure in the trading community, has recently shared his insights on the Bitcoin future price potential. Through a <a href="https://twitter.com/PeterLBrandt/status/1765356963662323836?ref_src=twsrc%5Etfw" target="_blank" rel="noopener nofollow">post</a> on X, Brandt ignited discussions within the crypto community by commenting on Bitcoin’s recent attainment of a<a href="https://www.newsbtc.com/bitcoin-news/institutionals-bitcoin-fomo-coinbase-premium/" target="_blank" rel="noopener "> new all-time high (ATH)</a>. More interestingly, he proposed when Bitcoin might scale new historic price heights. Drawing from his experience in market analysis, Brandt speculated that Bitcoin could reach a price mark of $150,000 per BTC by October 2025, a prediction based on an in-depth analysis of Bitcoin’s price behaviour surrounding its halving cycles. 
<blockquote class="twitter-tweet"> 
 When Bitcoin has a sudden and sharp shake-out decline, the market is just winking at you <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener nofollow">$BTC</a><a href="https://t.co/Qip2tQ5h44" target="_blank" rel="noopener nofollow">https://t.co/Qip2tQ5h44</a> <a href="https://t.co/KSbGYvTFlW" target="_blank" rel="noopener nofollow">pic.twitter.com/KSbGYvTFlW</a> 
 — Peter Brandt (@PeterLBrandt) <a href="https://twitter.com/PeterLBrandt/status/1765356963662323836?ref_src=twsrc%5Etfw" target="_blank" rel="noopener nofollow">March 6, 2024</a>
</blockquote> 
<h2 id="a-bullish-bitcoin-horizon">A Bullish Bitcoin Horizon</h2> 
Brandt’s analysis, published in a <a href="https://www.peterlbrandt.com/wp-content/uploads/2024/02/httpswww.peterlbrandt.comwp-contentuploads202402Halving-price-cycles.pdf" target="_blank" rel="noopener nofollow">document</a>, delves into Bitcoin’s price patterns before and after its previous halvings. He suggests that, should the bull trend post-April 2024 mirror the pace observed since the November 2022 low, approaching the $150,000 milestone could be a likely scenario. 
However, Brandt cautions that the trajectory of post-halving price advances has historically been “steeper” than their pre-halving counterparts. Brandt noted: 
<blockquote>
 If the pace of the bull trend after Apr 2024 is at similar pace to the bull trend since the Nov 2022 low, then the high in Oct 2025 could be around $150,000. However, the post-halving advances during previous bull cycles have been much steeper than the pre-halving advances.
</blockquote> 
<img loading="lazy" decoding="async" class="wp-image-596614 size-large" src="https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot-2024-03-06-at-17.39.19.png?w=860&amp;resize=860%2C459" alt="BTC to $150,000 as predicted by Brandt" width="860" height="459" srcset="https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot-2024-03-06-at-17.39.19.png?w=2265 2265w, https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot-2024-03-06-at-17.39.19.png?w=460 460w, https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot-2024-03-06-at-17.39.19.png?w=768 768w, https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot-2024-03-06-at-17.39.19.png?w=860&amp;resize=860%2C459 860w, https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot-2024-03-06-at-17.39.19.png?w=1536 1536w, https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot-2024-03-06-at-17.39.19.png?w=2048 2048w, https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot-2024-03-06-at-17.39.19.png?w=750 750w, https://www.newsbtc.com/wp-content/uploads/2024/03/Screenshot-2024-03-06-at-17.39.19.png?w=1140 1140w" sizes="(max-width: 860px) 100vw, 860px" data-recalc-dims="1"> 
Aside from Brandt’s predictions, the bullish sentiment on Bitcoin’s price is gaining momentum among various market analysts. Insights from Deribit and the analytics company GenesisVol <a href="https://www.newsbtc.com/bitcoin-news/deribit-exchange-expects-bitcoin-to-rise-20-in-the-next-30-days-targeting-80000/" target="_blank" rel="noopener ">suggest a potential rise of as much as 20.8%</a> in Bitcoin’s price over the next month. 
These analyses suggest the possibility of Bitcoin surpassing the $80,000 threshold, with more cautious predictions still expecting it to exceed $70,000. 
This optimism follows a period of notable performance for Bitcoin. So far, Bitcoin has seen a minor 0.5% dip in the last 24 hours after <a href="https://www.newsbtc.com/analysis/btc/bitcoin-price-crashes-60k/" target="_blank" rel="noopener ">dropping drastically</a> from its newly established ATH of $69,328. 
<img loading="lazy" decoding="async" class="size-medium" src="https://www.tradingview.com/x/BFfniDZJ/" alt="Bitcoin (BTC) price chart on TradingView" width="2770" height="1556"> 
However, despite this decline, the asset has been up nearly 10% over the past week, maintaining its market capitalization above the $1 trillion mark. 
<h2 id="market-corrections-a-natural-part-of-the-crypto-journey">Market Corrections: A Natural Part Of The Crypto Journey</h2> 
Commenting on the dramatic drop in BTC after creating a new ATH, Alex Thorn, Head of Research at Galaxy Digital, provided insights, emphasizing that market corrections are common<a href="https://www.newsbtc.com/news/bitcoin/bitcoin-price-crash-10-69000/" target="_blank" rel="noopener ">&nbsp;even within bull markets</a>. 
Thorn also highlighted the potential benefits of market consolidation following significant gains, suggesting that a <a href="https://www.newsbtc.com/news/bitcoin/bitcoin-crash-or-surge-fed-btfp-ends-in-5-days/" target="_blank" rel="noopener ">pullback</a> could be conducive to Bitcoin’s long-term health. 
<blockquote class="twitter-tweet"> 
 by my count, <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener nofollow">#bitcoin</a> had 13 corrections of 10% or more between the mar. 12, 2020 covid-low ($3858) and the apr. 14, 2021 ATH ($64,899) <a href="https://t.co/SovuXHzS5p" target="_blank" rel="noopener nofollow">pic.twitter.com/SovuXHzS5p</a> 
 — Alex Thorn (@intangiblecoins) <a href="https://twitter.com/intangiblecoins/status/1765117500105126334?ref_src=twsrc%5Etfw" target="_blank" rel="noopener nofollow">March 5, 2024</a>
</blockquote> 
Featured image from Unsplash, Chart from TradingView

Buckle Up: Bitcoin Set To Smash $150,000 Mark, Says Trading Guru – Here’s When

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