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Bitcoin’s Post-Halving Rally Could Reach $130,000 by September 2025 — TradingView News
Bitcoin BitcoinUSD According to cryptocurrency trader Peter Brandt, it could reach a cyclical peak between $130,000 and $150,000 in late August to early September if it follows the trajectory of previous post-halving bull markets.
The recently passed April 20 Bitcoin halving is a codified every-four-year event that reduces mining rewards by 50%, and the halving dates have “represented near-perfect symmetry within past bull market cycles ” Brandt wrote in a June 2 report.
Historically, he said, Bitcoin’s halving date has fallen roughly in the middle between the start of a bull market and when it reaches its peak.
According to Brandt’s analysis, the last Bitcoin bull market began approximately 16 months before the halving on May 11, 2020, and the cycle ended approximately 18 months later.
Brandt noted that the previous two halvings, on July 9, 2016 and November 28, 2012, followed a similar pattern.
“If this pattern continues, the next bull market cycle top should occur in late August to early September of 2025,” he wrote.
Brandt added that “no analytical method is foolproof” when it comes to guessing Bitcoin’s cycle high, but past highs have followed a similar growth pattern and if it continues, he places a bull market high “in the range between $130,000 and $150,000.”
Possibility that Bitcoin has already crossed the limit
Brandt’s analysis marks December 17, 2022 as the start of the current bull market. BTC was trading at around $16,800 back then, but has since gained more than 300% to stand at $67,882, according to Cointelegraph Markets Pro.
However, Bitcoin is down from its March 14 all-time high of $73,679, and Brandt believes there is a 25% chance that Bitcoin has already reached the bull market high as each bull cycle’s gains are diminishing from that previous.
If BTC fails to reach a new all-time high and falls below $55,000, Brandt says it would increase the likelihood that the cryptocurrency is experiencing “exponential decay.”