Peter Brandt: Bitcoin to hit at least $130,000 by the end of next year, following a similar trend to the past

According to an analysis, Bitcoin's bull market is following the cycle of past halvings. According to South Korean media outlet News1, Peter Bran, a well-known American trader,
"The current movement of Bitcoin is similar to that after the past halving," said Nant, adding, "If this trend continues, Bitcoin will be worth at least
"The bullish cycle began to emerge 16 months before the halving on May 11, 2020, and the halving is expected to reach $130,000 (approximately 20 million yen)."
"The bull market ended after 18 months," he said. "The same pattern was observed during the first and second halvings. Reflecting this, the peak of this bull market cycle is expected to occur in August and September 2025.
"We expect it to be in April," he said in a report on the 2nd. The halving date showed near-perfect symmetry from past bull market cycles, and Bitcoin halvings have historically been held to be around 10,000 units.
He claimed that the date was halfway between when the bull market began and when it peaked. The Bitcoin price as of 5:30 p.m. on the 3rd (Japan time) was
On market cap, it is trading at $69,265 (approximately 11 million yen), up 2.28% from 24 hours ago.