BTC price target sees $135K in 2025 — if Bitcoin bulls avoid a 25% dip
2024.10.09 13:11
Bitcoin (BTC) is due to hit $135,000 within the next year — unless a 25% BTC price crash ruins its prospects, says a new prediction.
In an X update on Oct. 9, veteran trader Peter Brandt delivered his expectations for Bitcoin through 2025.
Brandt eyes $135,000 BTC price by next September
BTC price action may be consolidating below all-time highs for a seventh month, but that could be “insignificant” as the bulk of Bitcoin’s bull market gains lie ahead.
For Brandt, the latter half of Bitcoin’s four-year halving cycles always produces the sharpest price upside, meaning that his latest BTC price target is conservative compared to what should come after.
“Period since Mar 2024 appears as insignificant, brief pause in ongoing trend,” part of his post stated.
“My target is $135,000 in Aug/Sep 2025.”
BTC/USD 1-week chart. Source: Peter Brandt/X
There is a caveat, however: if bears gain control and BTC/USD falls considerably, $48,000 — around 22% below the current spot price — is the prediction’s make-or-break level.
“Close below $48K negates my chart analysis,” Brandt confirmed.
Reacting, Keith Alan, co-founder of trading resource Material Indicators, was cautiously optimistic.
“This aligns pretty closely with my macro outlook for this Bitcoin cycle, although my target is slightly lower in the $125k – $130k range, and I’m not sure about the timing,” he told X followers.
Long-term bullish on Bitcoin
As Cointelegraph reported, consensus continues to favor BTC/USD’s upside continuation, with 2025 being the favorite year for its next macro top.
Related: Bitcoin 3-year chart pattern nears breakout point as analyst expects 312% ROI
Numbers for the next all-time high are varied, with one recent model seeing $275,000 per coin by the end of next year.
In August, popular analyst CryptoCon likewise saw highs in 2025 while calling this year’s trip to $73,800 “confusing.” CrpytoCon’s own model places particular emphasis on Bitcoin’s first-ever halving event in November 2012.
Other bets, meanwhile, have failed to come to pass. Calls for new highs as soon as September went unfulfilled despite last month offering uncharacteristically high returns of just over 7%.
BTC/USD monthly returns (screenshot). Source: CoinGlass
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
