Veteran-trader and technical analyst Peter Brandt dared to make a forecast for the Bitcoin course until the fall of 2025.
On May 22, the price of BTC updated the record indicator, reaching $ 111.005 on the Bitstamp exchange. Judging by the schedule drawn up by Brandt, the cost of cryptocurrency increased as part of the development of the pattern of the bull flag. As the expert believes, the rising trend has not yet been exhausted, and byIt is too early to sell coins to fix the profit.
It is great that the Bitcoin course increased to the new historical maximum. I opened a long position. In general, I believe that the cost of BTC records at the cost of BTC does not matter much from a technical point of view. During the bull market, this is constantly happening, it is characteristic of him. Maybe the peak of the price will be reached in the range from $ 125,000 to $ 150,000 by the end of August, – Peter wrote.
Now Bitcoin costs $ 110.535, respectively, if the Brandt prediction will come true, then the cost of a digital asset will increase by 13-36% by the end of summer.
Polymarket platform users have no doubt that in 2025 BTC will rise in price to $ 120,000. This is evidenced by the fact that the probability of this outcome reaches 82%. The chance of a coin price growth is up to $ 130,000 less, but also quite high – 68%. A winning bet on raising a cryptocurrency rate to $ 120,000 will bring 20% ​​of profit, and up to $ 130,000 – 45%.
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Source: Cryptocurrency
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