This is when BTC price could rise to $150K according to Bitcoin Half Cycles: Peter Brandt

In a recent analysis, prominent crypto trader Peter Brandt predicted that bitcoin's bull run would see the cryptocurrency peak between $130,000 and $150,000 in late August to early September 2025.

Brandt's forecast is based on historical patterns following BTC's previous half events.

A Bitcoin bull run could reach $130k to $150k.

The April 20 halving, an important event recorded in the Bitcoin protocol roughly every four years, will cut mining rewards in half. According to Brandt, these events have historically played a significant role in shaping bull market cycles.

In his June 2 report, he detailed how the past half-day “represents the perfect balance in past bull market cycles.”

In particular, the number of weeks with a significant low mark since the beginning of each bull market cycle, especially following a decline of more than 75 percent, is equal to the number of weeks since the day of the decline in half a day, he said. Following a bull market high.

Analyzing past patterns, Brandt points to the last Bitcoin bull market, which began 16 months before the May 11, 2020 halving and ended 18 months later. This pattern is consistent with previous cycles after the halves of July 9, 2016 and November 28, 2012.

“If this sequence continues, the next bull market cycle should occur in late August or early September 2025,” Brandt added. He predicted potential upside in the $130,000 to $150,000 range, though no analytical method is foolproof, noting that past highs correlate well with an inverted parabolic curve.

Brandt's analysis points to December 17, 2022 as the start of the current bull market, with bitcoin trading at around $16,800 at that time. Since then, BTC has risen more than 300%, reaching an all-time high of $73,800 on March 14.

Peter Brandt warns of a possible ‘degenerative decay'

However, Brandt also offered a note of caution. With each cycle's gains shrinking compared to the previous one, Bitcoin has already admitted a 25% chance that the bull market has peaked. He also warned that if Bitcoin fails to surpass its previous high and falls below $55,000, it will indicate an “exponential decay” in its market value.

In a previous blog post, Brandt has lost 80% of each of the last four BTC bull cycles. Looking ahead, he predicts a huge growth of approximately 4.5 times the current price.

While he recognizes the potential for a halving to positively impact bitcoin's price, Brandt urges traders to watch for signs of decay.