Bitcoin won’t hit $200K until Q3 2029: Veteran trader Peter Brandt
Market Intelligence Analysis
AI-PoweredVeteran trader Peter Brandt suggests that while the recent decline in Bitcoin prices may indicate a positive market correction, he believes it will take until Q3 2029 for Bitcoin to reach the $200,000 mark. This long-term outlook reflects a cautious optimism about Bitcoin's future performance.
Market impact analysis based on neutral sentiment with 75% confidence.
Article Context
The recent Bitcoin “dumping” is a positive sign for the asset, but it could take years, not weeks, for Bitcoin to reach that magic $200,000 number.
Analysis and insights provided by AnalystMarkets AI.