Bitcoin

<p>Peter Brandt is one of the most prominent chartists and experienced traders. Recently, he stunned the financial world, predicting that by New Year’s Eve, Bitcoin will reach $125,000. Brandt is an expert in technical analysis along with being aware of all present trends in the cryptocurrency market. He has provided some compelling arguments for making this positive prediction, and therefore, the investors and analysts are getting curious and excited over it.</p> 
<p><a href="https://www.qubetics.com/?utm_source=TNYR&amp;utm_medium=Peter+Brandt+Predicts+%24125K+Bitcoin+by+New+Year+%E2%80%93+Could+the+Bull+Run+Be+on+Its+Way%3F" rel="nofollow noopener" target="_blank"><img loading="lazy" decoding="async" class="alignnone size-full wp-image-24462" src="https://www.turkishnyradio.com/wp-content/uploads/2024/10/Qubetics-is-728x90-1.jpg" alt="Qubetics is 728x90 1" width="728" height="90" title="Peter Brandt Predicts $125K Bitcoin by New Year – Could the Bull Run Be on Its Way? 53"></a></p> 
<h2 id="peter-brandt-s-usd-125k-bitcoin-prediction">Peter Brandt’s USD 125k Bitcoin Prediction</h2> 
<p>Peter Brandt recently tweeted on social media platform X about the recent all-time high of Bitcoin, explaining that once in a “markup” phase, where the price increases very sharply and consistently, this cryptocurrency has a tendency to experience rapid surges. Bitcoin’s behaviour between March and October 2024 allowed for plenty of buy-in opportunities during dips in the market, showing that those who bought in may soon see substantial returns.</p> 
<p><img loading="lazy" decoding="async" class="alignnone size-full wp-image-28457" src="https://www.turkishnyradio.com/wp-content/uploads/2024/11/PeterBrandtsUSD125kBitcoinPrediction.jpeg" alt="Peter Brandt's USD 125k Bitcoin Prediction" width="1792" height="1024" title="Peter Brandt Predicts $125K Bitcoin by New Year – Could the Bull Run Be on Its Way? 54" srcset="https://www.turkishnyradio.com/wp-content/uploads/2024/11/PeterBrandtsUSD125kBitcoinPrediction.jpeg 1792w, https://www.turkishnyradio.com/wp-content/uploads/2024/11/PeterBrandtsUSD125kBitcoinPrediction-768x439.jpeg 768w, https://www.turkishnyradio.com/wp-content/uploads/2024/11/PeterBrandtsUSD125kBitcoinPrediction-1536x878.jpeg 1536w" sizes="(max-width: 1792px) 100vw, 1792px"></p> 
<p>Brandt bases his $125,000 forecast on a “time/price” Bayesian probability model, stating that the patterns in Bitcoin’s price-action from January to March this year may set up its future movement. “When <a href="https://www.fxempire.com/forecasts/article/bitcoin-price-prediction-btc-135k-in-2025-peter-brandt-predicts-whales-200m-1468121" target="_blank" rel="noopener nofollow">BTC</a> decides to ‘Mark-Up,’ it never looks back,” Brandt said, in line with his belief that cryptocurrency is being pushed toward this new milestone by New Year’s Eve.</p> 
<h2 id="bayesian-model-behind-brandt-s-forecast">Bayesian Model Behind Brandt’s Forecast</h2> 
<p>In short, the Bayesian probability analysis applied by Peter Brandt gives his forecast a dimension. Bayesian analysis applies a mathematical model by analyzing data for predicting future results, and in the case here, the prior on Bitcoin would be the price action of January-to-March 2024. According to Brandt, the “time/price” pattern has every chance to be repeated, provided market conditions are similar. His model suggests that if a bullish trend in Bitcoin continues, a year-end price of $125,000 may be achievable.</p> 
<p>Utilizing Bayesian models, Peter Brandt structures a case for his projection, suggesting that the price dynamics of Bitcoin have repeatedly unfolded into repetitive patterns after periods of consolidation. It is not mere speculation but data-driven thought that’s served as useful in tracking Bitcoin’s historical surges.</p> 
<h2 id="bitcoin-halving-cycle-a-driver-for-growth">Bitcoin Halving Cycle: A Driver for Growth</h2> 
<p><img loading="lazy" decoding="async" class="size-full wp-image-28478 aligncenter" src="https://www.turkishnyradio.com/wp-content/uploads/2024/11/Bitcoin-Halving-Cycle-A-Driver-for-Growth.webp" alt="Bitcoin Halving Cycle A Driver for Growth" width="1792" height="1024" title="Peter Brandt Predicts $125K Bitcoin by New Year – Could the Bull Run Be on Its Way? 55" srcset="https://www.turkishnyradio.com/wp-content/uploads/2024/11/Bitcoin-Halving-Cycle-A-Driver-for-Growth.webp 1792w, https://www.turkishnyradio.com/wp-content/uploads/2024/11/Bitcoin-Halving-Cycle-A-Driver-for-Growth-768x439.webp 768w, https://www.turkishnyradio.com/wp-content/uploads/2024/11/Bitcoin-Halving-Cycle-A-Driver-for-Growth-1536x878.webp 1536w" sizes="(max-width: 1792px) 100vw, 1792px"></p> 
<p>One key driver of the Peter Brandt forecast is Bitcoin’s “halving cycle.” Halving events reduce mining rewards by 50% for Bitcoin and usually happen approximately every four years; historically, they have accompanied serious price appreciation due to decreased supply. Brandt believes Bitcoin has entered the “sweet spot” of this cycle, a period in the past associated with exceptional gains.</p> 
<p>Halving cycles often split bull markets into two waves for Brandt. Each recouples with predictable patterns in timing. If this pattern keeps running, he believes the price of Bitcoin may reach $130,000-$150,000 by mid-2025.</p> 
<p>Peter Brandt’s projection agrees with the general sense of optimism coming from other analysts and financial bodies, such as Vaneck’s asset management company. For example, they project to the figure of $3 million by 2050, based on an assumption that perhaps Bitcoin might establish itself as a global reserve asset held by central banks.</p> 
<p>Now, the Bernstein analysts have gone a step further by arguing that Bitcoin may hit $200,000 by the end of 2025. On the other hand, JPMorgan, the American multinational investment bank and financial services company, speaks positively about Bitcoin into 2025, showing an increase in the acceptance of cryptocurrency as a legitimate asset class.</p> 
<p>While Brandt’s year-end target of $125,000 is particularly aggressive, his insights do underscore that Bitcoin is volatile and capable of fundamental transformation. Whether or not the above prediction actually becomes true or false, Brandt’s analysis reminds the market of how upper-bound is Bitcoin’s move, with how much it might still shift. The latter adds excitement to the market as investors take notice of how Bitcoins are following through to the end of 2024.</p> 
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Peter Brandt Predicts $125K Bitcoin by New Year – Could the Bull Run Be on Its Way?

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