Bitcoin News Cryptocurrency Editor's Picks

Brandt’s Bitcoin Forecast: From $120,000 to $200,000

Brandt’s Bitcoin Forecast: From $120,000 to $200,000

TL;DR

  1. Peter Brandt’s Revised Forecast: Veteran analyst and CEO of Factor LLC, Peter Brandt, has raised his September 2025 price target for Bitcoin from $120,000 to $200,000, indicating a heightened bullish sentiment in the cryptocurrency market.
  2. Bitcoin’s Recent Breakout: Bitcoin recently broke out of a 15-month channel, surging beyond $55,000. Brandt suggests that as long as prices stay above the previous week’s low of approximately $50,500, the optimistic outlook will continue.
  3. Brandt’s Warning on ‘Laser Eyes’: Brandt warns that the resurgence of the “laser eyes” meme could act as a contrary indicator, signifying a frenzy among retail investors.

Veteran analyst and CEO of Factor LLC, Peter Brandt, has raised his September 2025 price target for Bitcoin from $120,000 to $200,000. This revision represents a substantial increase from his previous estimate, signaling a heightened bullish sentiment in the cryptocurrency market.

Brandt’s prediction comes after Bitcoin’s recent breakout, which saw gains of roughly 10%, pulling ahead from a 15-month channel. On Monday, Bitcoin surged beyond $55,000, surpassing the boundaries of a 15-month channel. This channel was defined by trendlines that connected the lows of November 2022 and September, and the highs of April 2023 and January 2024.

At present, Bitcoin’s trading value stands at around $57,000. Nonetheless, Brandt’s analysis suggests that if it dips below the previous week’s low of $50,500, it could indicate a temporary upward trend.

“With the thrust above the upper boundary of the 15-month channel, the target for the current bull market cycle scheduled to end in Aug/Sep 2025 is being raised from $120,000 to $200,000,” Brandt said. Brandt asserts that the optimistic outlook will continue to hold as long as the prices stay above the previous week’s low, which was approximately $50,500.

Brandt’s Analysis: The Upward Trend of Bitcoin

Brandt’s Bitcoin Forecast: From $120,000 to $200,000

Numerous studies are forecasting a significant bull run in the near future, influenced by factors such as previous halving cycles and technical analysis indicators like the Bollinger bandwidth. 

The general agreement is that the halving event could continue to attract investments into U.S.-based spot BTC ETFs, potentially pushing prices into the six-figure range within the next year. Bitcoin’s reward halving, a four-yearly event scheduled for April, will decrease the coin generation rate from 6.25 BTC to 3.125 BTC.

Brandt’s optimistic post has sparked interest among some market players to change their profile pictures to “laser eyes” – a popular meme used by Bitcoin holders during the 2021 bull market to indicate an ongoing market rally. However, Brandt warns that the resurgence of the laser eyes could act as a contrary indicator, signifying a frenzy among retail investors, a phenomenon typically seen at market peaks.

Brandt cautioned that just like in 2021, he’ll use his ‘laser eyes’ on ‘X’ as a sign of contradiction. Therefore, if anyone wishes for Bitcoin to maintain its robust trend, he advises against using ‘laser eyes’ in their social media profile picture. An excess of ‘laser eyes’ could be detrimental.

Related posts

Venezuelan Central Bank is testing the possibility of using bitcoins

alfonso

NSA Develops Quantum-Resistant Cryptocurrency

alfonso

Telefónica Has Started Taking Bitcoin as Payment For its Products

Jai Hamid