Peter Brandt Predicts Bitcoin at $250,000 in 2029

BTC0.66%

Veteran trader Peter Brandt sees bitcoin rallying to $250,000 in 2029, but only after the market completes a prolonged bottoming process that could extend into September 2026, according to his recent outlook.

Price Target and Timeline

Brandt’s forecast positions a multi-year consolidation phase before the anticipated price advance. The trader expects the bottoming process to potentially last through mid-2026 before any sustained recovery materializes.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Strive Increases Bitcoin Holdings by 444 BTC to 15,000 Total, CEO Discloses on X

According to Strive CEO Matt Cole disclosed on X, the company increased its Bitcoin holdings by 444 BTC, bringing total holdings to 15,000 BTC. The purchase was made at an average price of $76,307 per BTC, with total acquisition cost of approximately $33.9 million. The Bitcoin position has

GateNews12m ago

Bitcoin Layer 2 Citrea Rolls Out CTR Governance Token With 10B Supply, 60% for Community

According to The Block, Bitcoin Layer 2 Citrea has launched CTR, a governance token capped at 10 billion, with 60% allocated to the community through direct transfers, incentive programs, and a treasury system. This includes 12% for a Genesis Airdrop, 25.16% for a vote-escrow-governed treasury, and

GateNews23m ago

A CEX’s Youth Program celebrates its third anniversary with a creative resume submission campaign

ChainCatcher message: On the occasion of its three-year anniversary of the Youth Blockchain Program, a leading exchange officially launched a global campaign, “A ‘Content-Rich’ Resume” (Boxed for Opportunity). The campaign cleverly combines “Bitcoin Pizza Day” by printing selected participants’ resumes and portfolios on pizza boxes, then delivering them directly to Web3 companies worldwide and ecosystem partner hands—connecting Web3 young talent with industry opportunities in a more creative way. Since the Youth Program started in 2024, it has attracted over 15,000 participants globally, established partnerships with more than 70 universities, and hosted more than 100 campus events. As the project enters its third year, its focus has also shifted—from basic education and awareness promotion—gradually extending to more targeted career development support. A person in charge said the core of the program is to help

GateNews34m ago

Crypto Expert Shares Full Market Prediction Focusing on BTC and ETH Prices for 2026-2027

Crypto expert shares full market prediction focusing on BTC and ETH prices.  He expects crypto and stock assets to bottom in Q3 2026. This will be followed by a bullish year of 2027, allowing BTC to hit $140,000. Earlier today,

CryptoNewsLand58m ago

Bitcoin Reverses From $80,594 High to $79,000 After Iran Missile Report; Oil Spikes 5%

According to Iran's Fars news agency, two missiles hit a U.S. warship today, triggering a sharp reversal in Bitcoin from its $80,594 high to around $79,000. Oil prices surged 5% on the report before the U.S. denied the claim. Ethereum, Solana, and Dogecoin declined sharply alongside the broader mark

GateNews1h ago

Strategy Holds 818,334 BTC With $2.598B Unrealized Gains; Bitmine Posts $6.289B Loss on ETH

According to on-chain analyst Yujin, Bitcoin treasury company Strategy (MSTR) held 818,334 BTC (valued at $64.413 billion) as of May 4, with an average cost of $75,537 per coin, resulting in unrealized gains of $2.598 billion, or 4.2%. Ethereum treasury company Bitmine (BMNR) purchased 101,745 ETH

GateNews1h ago
Comment
0/400
No comments