Famous trader Peter Brandt, Bitcoin explained his expectations for an increase in the price and shed light on the extraordinary changes experienced in the crypto market in February. kept. BTC’s impressive 43.57% increase to $64,000 caused Brandt’s analysis to attract attention.
Brandt, one of the leading names in the trading world, examined Bitcoin’s recent performance and shared his views on its future direction. Pointing out significant changes in the market, the expert suggested that the visible increase in February was the beginning of a new era for BTC.
Brandt drew parallels with previous market models, emphasizing the importance of recognizing that the current growth phase is different from previous cycles.
Trader’s analysis based on Bitcoin’s monthly candlestick charts shows the significant growth momentum shown by the cryptocurrency. Brandt emphasizes the importance of this latest fluctuation by associating it with the accumulation period that lasts from May 2022 to September 2023.
This bullish expectation contrasts sharply with the dynamics in October 2021 and reinforces investor confidence in Bitcoin’s current growth trend.
Brandt’s bullish outlook is expanding further, with his previous predictions predicting that the Bitcoin price could rise to $200,000 with the peak of the ongoing bull market cycle expected around August or September 2025. These predictions were made at a time when BTC was trading at around $55,000, reflecting Brandt’s confidence in the cryptocurrency.
