Veteran trader Peter Brandt sees bitcoin hitting $250,000, but only after a bottom later this year
Veteran trader Peter Brandt sees bitcoin BTC$79,854.07 rallying to $250,000 in 2029, but only after the market finishes a long drawn-out bottoming process that could last into September 2026. That forecast makes sense in the context of bitcoin’s four-year mining reward halving cycle, which has been consistent enough to shape traders’ projections. Historically, bitcoin bull…