Bitcoin Expected to Reach $250,000 by 2029, Says Veteran Trader Peter Brandt, But Only After a Bottom Later This Year
According to veteran trader Peter Brandt, bitcoin is poised to skyrocket to $250,000 by 2029. However, this significant price increase is contingent upon the market first navigating a lengthy and complex bottoming process, which could persist until September 2026. This forecast aligns with bitcoin's established four-year mining reward halving cycle, a pattern that has historically dictated the tr…