Peter Brandt Predicts Bitcoin at $250,000 in 2029

BTC-1.45%

Veteran trader Peter Brandt sees bitcoin rallying to $250,000 in 2029, but only after the market completes a prolonged bottoming process that could extend into September 2026, according to his recent outlook.

Price Target and Timeline

Brandt’s forecast positions a multi-year consolidation phase before the anticipated price advance. The trader expects the bottoming process to potentially last through mid-2026 before any sustained recovery materializes.

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