By the fourth quarter of 2025, Bitcoin may rise to $130,000–150,000, provided its price follows the trajectory of previous bull markets post-halving, according to technical analyst and head of Factor LLC Peter Brandt.
The expert noted that the periods of halving miner rewards represent an “almost perfect symmetry” in the history of the first cryptocurrency. Historically, he said, the halving date has been nearly midway between the start of a bull run and its peak.
The last Bitcoin bull market began approximately 16 months before the halving event on May 11, 2020, and concluded 18 months later. The previous two halvings—on July 9, 2016, and November 28, 2012—followed a similar pattern.
“If this sequence holds, the next peak of the bull market cycle will occur in late August to early September 2025,” Brandt calculated.
The expert cautioned that “no method of analysis is reliable” when it comes to modeling the peak of the Bitcoin cycle. He added that past peaks followed a similar growth pattern, and if it continues, the peak will fall within the $130,000 to $150,000 range.
Previously, the specialist estimated a 25% probability of the digital gold’s price peaking within the current upward trend. At that time, he referred to the concept of “exponential decay.”
As reported in CryptoQuant, indicators suggest that the bull phase will continue.
Earlier, Bitfinex speculated that the first cryptocurrency would return to a growth trajectory in the third to fourth quarter.