Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Crypto Expert Predicts Bitcoin Surge While Cautioning on Market Risks

Crypto Expert Predicts Bitcoin Surge While Cautioning on Market Risks

CryptodnesCryptodnes2025/01/17 15:44
By:Cryptodnes

Veteran trader Peter Brandt has shared a mixed outlook on Bitcoin, suggesting it could soar to $150,000 this year while warning of a possible sharp decline.

Brandt, known for his data-driven approach, bases his analysis on Bayesian methods, which consider past trends alongside current data to forecast potential outcomes.

He notes Bitcoin could either rise nearly 50% from its current price of $100,029 or face a steep correction exceeding 50%.

Brandt highlights conflicting signals in Bitcoin’s price charts. A bearish head-and-shoulders pattern could indicate a loss of momentum, signaling a downturn if key support levels are breached.

READ MORE:
Corporate Bitcoin Adoption Poised for Massive Growth, Says Bitwise CIO

Conversely, he points to a pattern he describes as “bump, hump, slump, and dump,” which suggests a short-term dip to $84,000 might precede a rally toward $150,000.

According to Brandt, significant market rallies often occur after retail traders grow weary or exit the market entirely.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The largest IPO in history! SpaceX reportedly seeks to go public next year, aiming to raise over 30 billion and targeting a valuation of 1.5 trillion.

SpaceX is advancing its IPO plan, aiming to raise significantly more than $30 billion, which could make it the largest public offering in history.

ForesightNews2025/12/10 10:12
The largest IPO in history! SpaceX reportedly seeks to go public next year, aiming to raise over 30 billion and targeting a valuation of 1.5 trillion.

DiDi has become a digital banking giant in Latin America

Attempting to directly replicate the "perfect model" used domestically will not work; we can only earn respect by demonstrating our ability to solve real problems.

BlockBeats2025/12/10 09:34
DiDi has become a digital banking giant in Latin America

Macroeconomic structural contradictions are deepening, but is it still a good time for risk assets?

In the short term, risk assets are viewed bullishly due to AI capital expenditures and affluent consumer spending supporting earnings. However, in the long term, caution is advised regarding structural risks brought by sovereign debt, demographic crises, and geopolitical restructuring.

BlockBeats2025/12/10 09:34
Macroeconomic structural contradictions are deepening, but is it still a good time for risk assets?

a16z predicts four major trends will be announced first in 2026

AI is driving a new round of structural upgrades in infrastructure, enterprise software, health ecosystems, and virtual worlds.

BlockBeats2025/12/10 09:33
a16z predicts four major trends will be announced first in 2026
© 2025 Bitget