Veteran trader Peter Brandt predicts that Bitcoin (BTC) could reach approximately $250,000 by 2029. According to CoinDesk, he analyzed, “The market bottom is likely to form in September-October this year. While it's not strictly necessary to retest recent lows, a period of sideways movement or further decline could follow a rebound.” He added, “In the worst-case scenario, there's a possibility of re-entering the $40,000-$50,000 range. However, I will revise my forecast if the price trend deviates from the existing halving cycle.”
