Peter Brandt Predicts Bitcoin $250,000 by 2029

BTC-0.43%

Veteran trader Peter Brandt predicts bitcoin will rally to $250,000 in 2029, but only after the market completes a prolonged bottoming process extending into September 2026, according to Brandt's statement.

Price Target and Timeline

Brandt forecasts bitcoin reaching $250,000 in 2029 following what he characterizes as a "long drawn-out bottoming process" that could persist until September 2026. The trader's timeline suggests a multi-year consolidation phase before the anticipated rally.

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