Peter Brandt predicts when Bitcoin will rise in the next bull run
Despite strong holdings in Bitcoin ETFs and DATs this year, Bitcoin prices have failed to attract the strong retail participation seen in previous cycles.
Prominent market analysts such as Ki Yang Ju, CEO of CryptoQuant and veteran trader Peter Brandt have released their latest Bitcoin views. Their views shed light on Bitcoin's short-, medium- and long-term prospects.
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Short term view
In the short term, Bitcoin may continue to have problems staging a recovery. This weakness can be seen as stable coin reserves decrease.
According to CryptoQuant data, stablecoins have seen a significant drop in funding on major exchanges. Capital inflows reached nearly $1.9 billion in 30 days.
Binance, the main liquidity point of the market, often reflects the readiness of investors to buy in stablecoin balances. However, data suggests that ERC-20 stablecoins have fallen significantly on Binance and other centralized exchanges. This trend suggests that retail investors are exiting the market.
“This activity indicates a clear lack of investor appetite for immediate market exposure. Instead of keeping their stablecoins on exchanges while waiting for opportunities, some investors chose to withdraw them,” commented analyst Darkfost.
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As a result, Bitcoin lacks sufficient buying pressure in the short term, limiting its upside potential.
Medium-term view
In the medium term, CryptoQuant founder Ki Yang Joo pointed out that on-chain capital flows into bitcoin are gradually weakening.
After roughly 2.5 years of consistent growth, the cap on earnings stopped last month, he explained. This metric measures the total capitalization achieved based on the last purchase price of each bitcoin.
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The data shows that the signal of the PNL index, which tracks profit and loss based on the value of all wallets, has moved sideways since the beginning of 2025. The index started to decline towards the end of the year, indicating that losses are increasing.
“Emotional recovery may take a few months,” Ki Young Joo predicted.
Long term view
In the long term, most analysts are optimistic. In the year In 1975, Peter Brandt, an experienced businessman, takes a brutal stance.
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In a recent post on X, he noted that Bitcoin has experienced five logarithmic parabolic growths over the past 15 years. At least 80% decline followed each other. He argued that the current cycle is not yet over.
Brandt didn't give a specific answer when asked about the timing of the potential bottom. However, he predicted that the next bull market peak could occur in September 2029.
His thesis is based on historical performance. Later market cycles tend to last longer and result in smaller percentage gains compared to earlier ones.
Overall, analysts suggest that Bitcoin may take several months to recover. A new all-time high is unlikely to be reached quickly.
