Bitcoin’s Market Cycle: Analyst Peter Brandt Highlights Risks and Potential Growth in Halving Period

On October 12, renowned trader and chart analyst Peter Brandt issued a cautionary note to Bitcoin investors, indicating that current market trends suggest potential downside risks. According to Brandt, Bitcoin has failed to reach a new all-time high for the past 30 weeks, an occurrence that, historically, has often led to price declines exceeding 75%.

Despite the bearish signals, Brandt maintains a long-term optimistic outlook. He forecasts that Bitcoin could reach $135,000 by August or September 2025. However, he also issued a caveat: if Bitcoin were to drop below $48,000, his analysis would no longer be valid, necessitating a reassessment of market conditions.

Brandt further underscored the cyclical nature of Bitcoin’s price movements, noting that significant upward momentum tends to occur in the latter half of the cryptocurrency’s four-year halving cycle, a critical phase in Bitcoin’s economic model where the reward for mining new blocks is halved, affecting supply dynamics. His insights reflect the broader consensus that institutional investors and market participants should remain cautious yet vigilant, especially during key phases of Bitcoin’s cyclical trends.

While Brandt’s predictions highlight a possible path to new highs, the volatile and unpredictable nature of the cryptocurrency market continues to present considerable risks.