Crypto Token Tracker logo Crypto Token Tracker logo
CryptoIntelligence 2024-06-04 15:00:00

Bitcoin Could Reach $150,000 by Early September, Says Crypto Trader Peter Brandt

Bitcoin could potentially reach a peak of $130,000 to $150,000 between late August and early September, following patterns observed in previous post-halving bull markets, according to crypto trader Peter Brandt. The Bitcoin halving event, which occurred on April 20, is a scheduled event approximately every four years that cuts mining rewards by half. Brandt highlighted in a June 2 report that these halving dates have historically marked significant points in bull market cycles. Brandt noted that historically, the halving date has been situated roughly halfway between the start of a bull market and its peak. For instance, the last Bitcoin

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.