Veteran Trader Predicts Bitcoin to Reach $150,000 by September

Renowned commodity trader Peter L. Brandt has predicted a potential surge in the price of Bitcoin, forecasting it could reach six figures by autumn. Brandt, with over 50 years of trading experience, shared this prediction on Twitter, highlighting a parabolic chart pattern indicative of swift price changes that often lead to significant corrections. His analysis suggests that if Bitcoin reclaims its broken parabolic slope, a bullish market cycle may culminate in $125,000 to $150,000 by August or September 2025. However, he cautions about the possibility of a 50% price correction following this surge.