Senior Trader: Predicts that Bitcoin will rise to $135,000 by the middle of next year, but it needs to avoid falling below $48,000 beforehand

Odaily Planet Daily reports that veteran trader Peter Brandt suggests Bitcoin needs to avoid falling below $48,000 in order to maintain the chance of reaching a six-figure historical high next year. Recently, Brandt released his price expectations for Bitcoin up to 2025 on platform X, stating that the market consolidation since March is a "brief pause", and most of the bull market is still ahead. This prediction is based on past halving cycles.

Historical data shows that the second half of Bitcoin's four-year halving cycle always results in the largest price increase. Based on this macro stance, Brandt predicts that Bitcoin will rise to $135,000 between August and September 2025 but must hold onto its support at $48,000 to sustain this forecast. (Cryptonews)