Peter Brandt Sees Bitcoin Hitting $300,000-$500,000 By Late 2029

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NewsBTC • April 25, 2026 at 02:00 • Analysis
Veteran trader Peter Brandt is sketching out a highly conditional long-term path for Bitcoin that points to a potential peak between $300,000 and $500,000 in late 2029, even as he argues the market still has not produced the kind of action that typically marks a durable bottom. In a post on X, Brandt wrote: “Should Bitcoin continue with the most remarkable cyclic patterns of any market in the past 15 years, an investable low is scheduled for Sep/Oct 2026. That low might or might not penetrate the Feb 2026 low. The next high (should patterns continue) will be between $300k and $500k in Sep/Oct 2029.” Thus, Brandt the target to a single condition: that Bitcoin continues to respect the cyclical behavior he says has defined the asset over roughly the last decade and a ha...

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