Bitcoin’s price recently dipped below $117,500, and veteran market analyst Peter Brandt suggests Bitcoin may have already achieved its cycle peak.
Top Analyst Peter Brandt Hints Bitcoin Might Have Topped Out, Despite $200K Predictions
Peter Brandt indicates a 30% probability that Bitcoin’s current bull run has reached its apex. In a recent post on X, the seasoned trader projected a potential retracement for Bitcoin to the $60,000 – $70,000 range by November 2026.
Brandt then anticipates a substantial surge, potentially elevating the cryptocurrency to $500,000 in the subsequent bull market. This reinforces Brandt’s long-held belief that Bitcoin serves as the ultimate store of value, surpassing gold.
I think there is a 30% chance that BTC has topped for this bull market cycle. Next stop then back to $60k to $70k by Nov 2026, then next bull thrust to $500k https://t.co/xPujqCjp9e
— Peter Brandt (@PeterLBrandt) August 15, 2025
Brandt’s analysis comes in response to a model presented by Colin Talks Crypto, an analyst who projects Bitcoin’s peaks using historical market cycles. The model posits that each Bitcoin market cycle expands by approximately four months compared to its predecessor.
According to the illustrated chart, the ongoing cycle initiated after the market’s nadir in November 2022. Should this trend persist, the cycle might extend for 37 months from that low, potentially placing the peak around December 22, 2025. The predicted December 2025 peak aligns with patterns observed in previous market cycles, where each bull market duration surpasses the previous one.
The Bitcoin Cycle Chart applied in the analysis displays prior peaks occurring 24, 28, and 33 months following earlier market troughs. Projecting this trend suggests a 37-month price estimation for the leading cryptocurrency, derived from the present cycle. The model further anticipates a price objective nearing $200,000 around that period.
When will BTC top? Here’s an interesting model.
Per the chart below, it could be 37 months from the low of the cycle. This is because each cycle appears to lengthen by 4 months.
The cycle bottom was around Nov 22, 2022.
37 months from November 22, 2022, will be December 22,… https://t.co/EDo9C6JbyE pic.twitter.com/nlz0ABVafg
— Colin Talks Crypto 🪙 (@ColinTCrypto) August 15, 2025
The current Bitcoin valuation remains considerably below the $200,000 target projected by the cycle forecast. Whether the upcoming major peak materializes in late 2025 or has already transpired, both analysts concur that substantial price fluctuations will continue to characterize the cryptocurrency’s trajectory.
Bitcoin Price Update: Briefly Below $117,000, Yet Strong Gains Remain for the Year
Brandt’s cautious outlook emerges as Bitcoin’s price hovers around $117,283 at the time of this report, reflecting a 0.94% decrease over the preceding 24 hours. While gains were initially robust during earlier trading sessions, a pullback occurred, driving the price below $117,200 before a subsequent recovery.
Bitcoin’s value has experienced a 0.20% reduction over the past week and a 0.42% decline in the last thirty days. Nevertheless, the asset maintains a robust 20.17% increase over the previous six months and a 25.64% rise year-to-date.
Paul
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others.
He holds a degree in Geophysics from OAU, Nigeria. When he’s not writing, he loves watching soccer and reading educative journals.
He can be reached via [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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