Analyst Peter Brandt made a forecast for Bitcoin for the fall of 2025
Veteran trader and technical analyst Peter Brandt has published his forecast for the Bitcoin price in the fall of 2025, noting that the upward trend is not yet exhausted.
His comments came after the BTC price hit a new all-time high on May 22, reaching $111,005 on the Bitstamp exchange. According to Brandt, the growth of the first cryptocurrency in recent months has been within the framework of a classic chart pattern - a bull flag, which usually foretells a continuation of the upward movement. He said that he does not see any reason to close long positions yet, as the growth potential remains.
"It's great that Bitcoin has made a new all-time high. I'm long. In general, reaching new records is not critical from a technical point of view. It happens all the time in bull markets - it's in the nature of things," Brandt wrote.
He suggested that by the end of August 2025, Bitcoin could reach a range of $125,000 to $150,000, depending on the strength of the market momentum. At the moment, the price of BTC is around $110,535, which means that if the forecast comes true, the crypto community will see growth of 13-36% over the remaining three months of summer. On the Polymarket platform, users are also actively betting on the growth of the Bitcoin rate. The probability that BTC will exceed $120,000 this year is already at the level of 82%, and the chances of reaching the $130,000 mark are 68%. At the same time, bets on growth to $120,000 promise 20% profit, and to $130,000 - 45%.
The expert emphasized that it is important for investors to remember that key support and resistance levels change, and in conditions of high volatility, even with a stable bullish trend, one must not forget about precautionary measures.
