Bitcoin Forecast: $200,000 by Q3 2029?

Veteran trader Peter Brandt has cast a doubt on the widespread prediction of Bitcoin hitting $200,000 by year-end. In his analysis, he suggests that it may take nearly four more years to reach this target level. While some crypto executives like BitMEX co-founder Arthur Hayes and BitMine chair Tom Lee had previously projected such a price point by the end of 2023, Brandt’s forecast stands out for its divergence from their views.