Bitcoin Could Reach $150,000 by 2025, Traders Predict

Veteran trader Peter Brandt has forecasted that Bitcoin (BTC) could reach a cycle top in the range of $125,000 to $150,000 by the third quarter of 2025, contingent on certain conditions being met. Brandt's prediction is grounded in a parabolic arc pattern observed in Bitcoin’s price chart, a technical formation that typically signals rapid price increases followed by sharp corrections, similar to the 2017 Bitcoin surge.

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Brandt emphasized that for Bitcoin to achieve the $125,000 to $150,000 range, it must first reclaim its broken parabolic slope. He warned that reaching this target could be followed by a significant correction of 50% or more, reflecting the characteristic volatility of the pattern. This prediction aligns with historical price movements, where rapid ascents are typically followed by substantial declines.

From an onchain perspective, Bitcoin researcher Axel Adler Jr. noted that Bitcoin is on the verge of entering a "start" rally zone. Adler Jr. outlined three potential scenarios: an optimistic bull case with a price target above $150,000, a baseline scenario where BTC's price consolidates within a $90,000 to $110,000 range, and a bearish case where further profit-taking from short-term holders could lead to a correction down to $85,000-$70,000. Adler Jr. added that if the Ratio breaks through 1.0 and holds above it, the NUPL/MVRV metrics will show a new impulse, potentially driving the price to $150,000-$175,000, repeating the cycle logic of 2017 and 2021.

Over the past two weeks, Bitcoin has exhibited a consistent breakout pattern, surging 13% before entering sideways consolidation, then breaking out again to reach $93,000–$96,000. Currently, BTC is breaking out of its existing resistance range, but a significant volume cluster between $96,000 and $99,000 suggests a phase of consolidation before Bitcoin can test the $100,000 mark.

The recent economic concerns, including the US GDP contraction of -0.3% for the first time since Q2 2022, have heightened the probability of a Federal Reserve interest rate cut to 62.8% for the June 18 Federal Reserve meeting. This economic backdrop, coupled with the bullish trends observed in Bitcoin's price momentum, has contributed to the optimistic outlook among analysts. Over the past 24 hours, short position liquidations exceeded $137 million, further supporting the bullish sentiment in the market.