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Peter Brandt: Bitcoin price could reach $130,000 by the end of next year

CointimeCointime2024/06/03 01:04
By:Cointime

Senior trader Peter Brandt said that the bull market of Bitcoin is similar to the past halving cycle. If it can continue, the price of Bitcoin may reach $130,000 by the end of next year. Based on Brandt's analysis, the last Bitcoin bull market began about 16 months before the halving on May 11, 2020, and ended about 18 months after the halving. The previous two halvings in July 9, 2016 and November 28, 2012 also followed similar patterns.

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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.

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