In a universe where Bitcoin has decided to play hopscotch with its previous all-time highs, including a rather cheeky peak of over $124,500 just a few days ago, analysts are now scratching their heads and wondering if the top has already donned its party hat and called it a night. 🎉
Enter Peter Brandt, the veteran trader who, armed with on-chain metrics and a healthy dose of skepticism, has declared there’s a 30% chance that BTC has already peaked. Yes, you heard that right-30%! That’s like saying there’s a 30% chance your cat will finally learn to fetch. 🐱
Peak Is In?
Brandt’s initial post, which relied on historical data (because who doesn’t love a good history lesson?), suggests that the BTC top has historically occurred around the 37th month after the last bear market’s low. This time, the bottom was marked on November 22, 2022, when Bitcoin’s price plummeted to under $16,000, thanks to the spectacular implosion of FTX and a few other companies that decided to join the party. 🎢
Now, if history is anything like your favorite soap opera, 37 months later would land us in December 2025. If the stars align and history decides to repeat itself (which it often does, much to our collective chagrin), the digital asset could be on a trajectory to hit a staggering $200,000. That’s a 60% surge from its current ATH, which is like saying you need to eat 60% more cake to feel satisfied. 🍰
But wait! Brandt has a different take. He’s convinced there’s a 30% chance BTC has already peaked, and what follows is a correction so painful it could make a dentist’s chair look like a spa retreat. Every bull market has been followed by a bearish phase, which has historically sent the asset plummeting faster than a lead balloon. 🎈
In Brandt’s crystal ball, Bitcoin’s inevitable nosedive will land it somewhere between $60,000 and $70,000 by November 2026, which, let’s be honest, is still a lot higher than the previous lows. So, there’s that silver lining! 🌥️
But fear not, dear reader! The next bull run is predicted to be a smashing success, with BTC soaring to a jaw-dropping half a million dollars. Yes, you read that right-$500,000! 💰
“I think there is a 30% chance that BTC has topped for this bull market cycle. Next stop then back to $60k to $70k by Nov 2026, then next bull thrust to $500k.”
– Peter Brandt (@PeterLBrandt) August 15, 2025
$500K Per BTC?
Now, let’s do some math, shall we? With Bitcoin’s current circulating supply of 19.9 million BTC, a price tag of $500,000 would catapult the asset’s market capitalization to nearly $10 trillion. That’s a 325% surge from current levels, which is more than your average stock market rollercoaster ride! 🎢
This dazzling future would position Bitcoin as the second-largest asset by market cap, right behind gold, which is still the reigning champion with a market cap of $22.7 trillion. Meanwhile, companies like NVIDIA ($4.4 trillion), Microsoft ($3.860 trillion), and Apple ($3.4 trillion) would be left in the dust, wondering what just happened. 🍏
Read More
- Minecraft lets you get the Lava Chicken song in-game — but it’s absurdly rare
- Gold Rate Forecast
- Lewis Capaldi Details “Mental Episode” That Led to Him “Convulsing”
- Wrestler Marcus “Buff” Bagwell Undergoes Leg Amputation
- PS5’s ChinaJoy Booth Needs to Be Seen to Be Believed
- ENA PREDICTION. ENA cryptocurrency
- Cyberpunk 2077’s Patch 2.3 is Here and It’s Another Excellent Overhaul
- Elden Ring Nightreign’s Patch 1.02 update next week is adding a feature we’ve all been waiting for since launch — and another I’ve been begging for, too
- Rob Schneider’s Happy Gilmore 2 Role Is Much Different Than We Thought It’d Be
- Yungblud Vows to Perform Ozzy Osbourne Song “Every Night”
2025-08-17 17:27