{"id":596613,"date":"2024-03-07T01:00:01","date_gmt":"2024-03-07T01:00:01","guid":{"rendered":"https:\/\/uniquehot.com\/?p=596613"},"modified":"2024-06-11T07:53:12","modified_gmt":"2024-06-11T07:53:12","slug":"buckle-up-bitcoin-set-to-smash-150000-mark-says-trading-guru-heres-when","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/buckle-up-bitcoin-set-to-smash-150000-mark-says-trading-guru-heres-when\/","title":{"rendered":"Buckle Up: Bitcoin Set To Smash $150,000 Mark, Says Trading Guru – Here\u2019s When"},"content":{"rendered":"

Peter Brandt, a respected figure in the trading community, has recently shared his insights on the Bitcoin future price potential. Through a post<\/a> on X, Brandt ignited discussions within the crypto community by commenting on Bitcoin’s recent attainment of a new all-time high (ATH)<\/a>. More interestingly, he proposed when Bitcoin might scale new historic price heights.<\/p>\n

Related Reading: Bitcoin Price Crashes After New ATH, Are Dips Supported At $60K?<\/a><\/div>\n
<\/div>\n
Drawing from his experience in market analysis, Brandt speculated that Bitcoin could reach a price mark of $150,000 per BTC by October 2025, a prediction based on an in-depth analysis of Bitcoin’s price behaviour surrounding its halving cycles.<\/div>\n
\n

When Bitcoin has a sudden and sharp shake-out decline, the market is just winking at you $BTC<\/a>https:\/\/t.co\/Qip2tQ5h44<\/a> pic.twitter.com\/KSbGYvTFlW<\/a><\/p>\n

\u2014 Peter Brandt (@PeterLBrandt) March 6, 2024<\/a><\/p><\/blockquote>\n

A Bullish Bitcoin Horizon<\/h2>\n

Brandt’s analysis, published in a document<\/a>, delves into Bitcoin’s price patterns before and after its previous halvings. He suggests that, should the bull trend post-April 2024 mirror the pace observed since the November 2022 low, approaching the $150,000 milestone could be a likely scenario.<\/p>\n

However, Brandt cautions that the trajectory of post-halving price advances has historically been “steeper” than their pre-halving counterparts. Brandt noted:<\/p>\n

If the pace of the bull trend after Apr 2024 is at similar pace to the bull trend since the Nov 2022 low, then the high in Oct 2025 could be around $150,000. However, the post-halving advances during previous bull cycles have been much steeper than the pre-halving advances.<\/p><\/blockquote>\n

\"BTC
BTC to $150,000, as predicted by Brandt<\/figcaption><\/figure>\n

Aside from Brandt’s predictions, the bullish sentiment on Bitcoin’s price is gaining momentum among various market analysts. Insights from Deribit and the analytics company GenesisVol suggest a potential rise of as much as 20.8%<\/a> in Bitcoin’s price over the next month.<\/p>\n

These analyses suggest the possibility of Bitcoin surpassing the $80,000 threshold, with more cautious predictions still expecting it to exceed $70,000.<\/p>\n

This optimism follows a period of notable performance for Bitcoin. So far, Bitcoin has seen a minor 0.5% dip in the last 24 hours after dropping drastically<\/a> from its newly established ATH of $69,328.<\/p>\n

\"Bitcoin
BTC price is moving sideways on the 2-hour chart. Source: BTC\/USDT on TradingView.com<\/a><\/figcaption><\/figure>\n

However, despite this decline, the asset has been up nearly 10% over the past week, maintaining its market capitalization above the $1 trillion mark.<\/p>\n

Market Corrections: A Natural Part Of The Crypto Journey<\/h2>\n

Commenting on the dramatic drop in BTC after creating a new ATH, Alex Thorn, Head of Research at Galaxy Digital, provided insights, emphasizing that market corrections are common\u00a0even within bull markets<\/a>.<\/p>\n

Related Reading: Bitcoin Crash Or Surge? Fed\u2019s BTFP Program Ends In 5 Days<\/a><\/div>\n

Thorn also highlighted the potential benefits of market consolidation following significant gains, suggesting that a pullback<\/a> could be conducive to Bitcoin’s long-term health.<\/p>\n

\n

by my count, #bitcoin<\/a> had 13 corrections of 10% or more between the mar. 12, 2020 covid-low ($3858) and the apr. 14, 2021 ATH ($64,899) pic.twitter.com\/SovuXHzS5p<\/a><\/p>\n

\u2014 Alex Thorn (@intangiblecoins) March 5, 2024<\/a><\/p><\/blockquote>\n

Featured image from Unsplash, Chart from TradingView<\/p>\n","protected":false},"excerpt":{"rendered":"

Peter Brandt, a respected figure in the trading community, has recently shared his insights on the Bitcoin future price potential. Through a post on X, Brandt ignited discussions within the crypto community by commenting on Bitcoin’s recent attainment of a new all-time high (ATH). More interestingly, he proposed when Bitcoin might scale new historic price heights. Related Reading: Bitcoin Price Crashes After New ATH, Are Dips Supported At $60K? Drawing from his experience in market analysis, Brandt speculated that Bitcoin could reach a price mark of $150,000 per BTC by October 2025, a prediction based on an in-depth analysis of Bitcoin’s price behaviour surrounding its halving cycles. When Bitcoin has a sudden and sharp shake-out decline, the market is just winking at you $BTChttps:\/\/t.co\/Qip2tQ5h44 pic.twitter.com\/KSbGYvTFlW \u2014 Peter Brandt (@PeterLBrandt) March 6, 2024 A Bullish Bitcoin Horizon Brandt’s analysis, published in a document, delves into Bitcoin’s price patterns before and after its previous halvings. He suggests that, should the bull trend post-April 2024 mirror the pace observed since the November 2022 low, approaching the $150,000 milestone could be a likely scenario. However, Brandt cautions that the trajectory of post-halving price advances has historically been “steeper” than their pre-halving counterparts. Brandt noted: If the pace of the bull trend after Apr 2024 is at similar pace to the bull trend since the Nov 2022 low, then the high in Oct 2025 could be around $150,000. However, the post-halving advances during previous bull cycles have been much steeper than the pre-halving advances. Aside from Brandt’s predictions, the bullish sentiment on Bitcoin’s price is gaining momentum among various market analysts. Insights from Deribit and the analytics company GenesisVol suggest a potential rise of as much as 20.8% in Bitcoin’s price over the next month. These analyses suggest the possibility of Bitcoin surpassing the $80,000 threshold, with more cautious predictions still expecting it to exceed $70,000. This optimism follows a period of notable performance for Bitcoin. So far, Bitcoin has seen a minor 0.5% dip in the last 24 hours after dropping drastically from its newly established ATH of $69,328. However, despite this decline, the asset has been up nearly 10% over the past week, maintaining its market capitalization above the $1 trillion mark. Market Corrections: A Natural Part Of The Crypto Journey Commenting on the dramatic drop in BTC after creating a new ATH, Alex Thorn, Head of Research at Galaxy Digital, provided insights, emphasizing that market corrections are common\u00a0even within bull markets. Related Reading: Bitcoin Crash Or Surge? Fed\u2019s BTFP Program Ends In 5 Days Thorn also highlighted the potential benefits of market consolidation following significant gains, suggesting that a pullback could be conducive to Bitcoin’s long-term health. by my count, #bitcoin had 13 corrections of 10% or more between the mar. 12, 2020 covid-low ($3858) and the apr. 14, 2021 ATH ($64,899) pic.twitter.com\/SovuXHzS5p \u2014 Alex Thorn (@intangiblecoins) March 5, 2024 Featured image from Unsplash, Chart from TradingView<\/p>\n","protected":false},"author":580,"featured_media":538164,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,678,1119,17092,78790,6664],"class_list":["post-596613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-prediction","tag-btc","tag-btc-analysis","tag-btcusdt","tag-crypto"],"acf":[],"yoast_head":"\nBuckle Up: Bitcoin Set To Smash $150,000 Mark, Says Trading Guru - 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Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. 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HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme\u2019s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more determined, channeling his experience into over three years of insightful market analysis. Before becoming the voice of reason in the crypto space, Edyme was the quintessential crypto degen. He aped into anything that promised a quick buck, anything ape-able, learning the ropes the hard way. These hands-on experience through major market events\u2014like the Terra Luna crash, the wave of bankruptcies in crypto firms, the notorious FTX collapse, and even CZ\u2019s arrest\u2014has honed his keen sense of market dynamics. When he isn\u2019t crafting engaging crypto content, you\u2019ll find Edyme backtesting charts, studying both forex and synthetic indices. His dedication to mastering the art of trading is as relentless as his pursuit of the next big story. Away from his screens, he can be found in the gym, airpods in, working out and listening to his favorite artist, NF. Or maybe he\u2019s catching some Z\u2019s or scrolling through Elon Musk\u2019s very own X platform\u2014(oops, another screen activity, my bad\u2026) Well, being an introvert, Edyme thrives in the digital realm, preferring online interaction over offline encounters\u2014(don\u2019t judge, that\u2019s just how he is built). His determination is quite unwavering to be honest, and he embodies the philosophy of continuous improvement, or \u201ckaizen,\u201d striving to be 1% better every day. His mantras, \u201cGod knows best\u201d and \u201cEverything is still on track,\u201d reflect his resilient outlook and how he lives his life. In a nutshell, Samuel Edyme was born efficient, driven by ambition, and perhaps a touch fierce. He\u2019s neither artistic nor unrealistic, and certainly not chauvinistic. Think of him as Bruce Willis in a train wreck\u2014unflappable. Edyme is like trading in your car for a jet\u2014bold. He\u2019s the guy who\u2019d ask his boss for a pay cut just to prove a point\u2014(uhhh\u2026). He is like watching your kid take his first steps. Imagine Bill Gates struggling with rent\u2014okay, maybe that\u2019s a stretch, but you get the idea, yeah. Unbelievable? Yes. Inconceivable? Perhaps. Edyme sees himself as a fairly reasonable guy, albeit a bit stubborn. Normal to you is not to him. He is not the one to take the easy road, and why would he? That\u2019s just not the way he roll. He has these favorite lyrics from NF\u2019s \u201cClouds\u201d that resonate deeply with him: \u201cWhat you think's probably unfeasible, I've done already a hundredfold.\u201d PS\u2014Edyme is HIM. HIM-buktu. Him-mulation. Him-Kardashian. Himon and Pumba. He even had his DNA tested, and guess what? He\u2019s 100% Him-alayan. Screw it, he ate the opp.","sameAs":["https:\/\/x.com\/0xEdyme"],"url":"https:\/\/uniquehot.com\/author\/samueledymeabayomi\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Buckle Up: Bitcoin Set To Smash $150,000 Mark, Says Trading Guru – Here\u2019s When","url":"http:\/\/uniquehot.com\/news\/buckle-up-bitcoin-set-to-smash-150000-mark-says-trading-guru-heres-when\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/buckle-up-bitcoin-set-to-smash-150000-mark-says-trading-guru-heres-when\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/andre-francois-mckenzie-iGYiBhdNTpE-unsplash-2.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/andre-francois-mckenzie-iGYiBhdNTpE-unsplash-2.jpg?fit=1920%2C1282"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Samuel Edyme"}],"creator":["Samuel Edyme"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin prediction","btc","btc analysis","btcusdt","crypto"],"dateCreated":"2024-03-07T01:00:01Z","datePublished":"2024-03-07T01:00:01Z","dateModified":"2024-06-11T07:53:12Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Buckle Up: Bitcoin Set To Smash $150,000 Mark, Says Trading Guru – Here\\u2019s When\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/buckle-up-bitcoin-set-to-smash-150000-mark-says-trading-guru-heres-when\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/buckle-up-bitcoin-set-to-smash-150000-mark-says-trading-guru-heres-when\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/andre-francois-mckenzie-iGYiBhdNTpE-unsplash-2.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2023\\\/06\\\/andre-francois-mckenzie-iGYiBhdNTpE-unsplash-2.jpg?fit=1920%2C1282\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Samuel Edyme\"}],\"creator\":[\"Samuel Edyme\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin prediction\",\"btc\",\"btc analysis\",\"btcusdt\",\"crypto\"],\"dateCreated\":\"2024-03-07T01:00:01Z\",\"datePublished\":\"2024-03-07T01:00:01Z\",\"dateModified\":\"2024-06-11T07:53:12Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2023\/06\/andre-francois-mckenzie-iGYiBhdNTpE-unsplash-2.jpg?fit=1920%2C1282","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/596613"}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/580"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=596613"}],"version-history":[{"count":0,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/596613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/538164"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=596613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=596613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=596613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}