Bitcoin (BTC) Price to Hit $135k in 2025 – Peter Brandt Predicts as Whales Enter $200M Buying Spree

Bitcoin Price Analysis:

Bitcoin’s price hit $63,400 on Oct 12, up 8% since the hotter-than-expected U.S. Consumer Price Index (CPI) report. Amid this rally, renowned trader Peter Brandt has predicted that Bitcoin could climb to $135,000 by September 2025.

Brandt’s BTC price prediction arrives amid a wave of corporate buying frenzy, with whale inflows exceeding $200 million since the US authorities released the CPI report on October 10.

Peter Brandt Predicts BTC to Hit $135k in September 2025

In an X (formerly Twitter) update shared on October 9, Peter Brandt laid out his bullish expectations for Bitcoin’s trajectory through 2025. According to Brandt, while Bitcoin has been consolidating below its all-time highs for the past seven months, this phase might be “insignificant” in the grander scheme.

The sharpest price increases, he suggests, usually happen in the second half of Bitcoin’s four-year halving cycles, and he remains optimistic that much greater price appreciation is still ahead.

Brandt commented that “the period since March 2024 appears as an insignificant, brief pause in the ongoing trend,” indicating that Bitcoin is poised for significant growth. He projected that Bitcoin could hit $135,000 by August or September 2025.

However, he also provided a warning: if Bitcoin’s price crashes by 25%, it could negate this optimistic outlook. A key level to watch is $48,000, roughly 22% below the current market price. If Bitcoin closes below this threshold, Brandt’s analysis could be invalidated.

“Close below $48K negates my chart analysis,”

Peter Brandt, Oct 9, 2024.

 

Reacting to Brandt’s analysis, Keith Alan, co-founder of the trading resource Material Indicators, expressed cautious optimism.

“This [Peter Brandt’s prediction] aligns closely with my macro outlook for this Bitcoin cycle, although my target is slightly lower in the $125k – $130k range, and I’m not sure about the timing,” Alan stated in an X post.

Peter Brandt’s predictions carry significant weight in the crypto trading community, given his decades-long experience as a technical analyst.

He has correctly predicted major Bitcoin price movements in the past, gaining credibility with both retail traders and institutional investors. Brandt’s 2018 call for Bitcoin’s price to fall to $3,200 was spot on, earning him further recognition as one of the market’s most insightful traders.

If his latest forecast holds, Bitcoin could enter a strong bull run, potentially doubling its it current all-time high price over the next two years.

Whales Enter $200M Buying Spree After U.S. CPI Report

Brandt’s bullish outlook for Bitcoin follows closely on the heels of a key macroeconomic event: the release of hotter-than-expected U.S. CPI data on October 10.

This inflation report has triggered speculations that the Federal Reserve may enact another rate cut, with analysts at the CME Group raising the likelihood of another Fed rate cut at 86.4% during the next FOMC meeting in November.

If this occurs, it would mark the first time the Fed has executed two consecutive rate cuts since the COVID-19 pandemic.

Lower interest rates typically weaken the U.S. dollar and reduce the cost of borrowing, making riskier assets like Bitcoin more appealing to investors seeking higher returns compared to traditional bonds.

This macro backdrop has already sparked renewed interest from large-scale investors.

On-chain data from IntoTheBlock reveals that whale investors, defined as wallets holding a minimum balance of 1,900 BTC (0.1% of Bitcoin’s circulating supply), have significantly increased their holdings since the U.S. CPI report.

Over a three-day period between October 8 and October 12, whale wallets saw net inflows of 3,234 BTC, worth approximately $204 million. This buying spree suggests that institutional and corporate investors are positioning themselves for further upside in Bitcoin’s price.

Notably, companies like Metaplanet and MicroStrategy are among the most active corporate buyers. If they continue to accumulate BTC at their current pace, the sustained whale buying pressure could propel Bitcoin past its current resistance level at $65,000.

Bitcoin Price Forecast: Bulls at Risk Until $65k Breakout

From a technical analysis perspective, Bitcoin’s price outlook remains precarious until the $65,000 resistance level is decisively broken. The current price action, while bullish, is constrained by this key resistance zone, which has acted as a psychological barrier for market participants.

Two primary indicators—Bollinger Bands and the Parabolic SAR—suggest that Bitcoin’s price could continue trending upward in the near term. The Bollinger Bands, as seen on the 4-hour chart, indicate an expansion in volatility, with Bitcoin’s price attempting to break through the upper band.

If BTC price manages to stay above the middle band (currently near $61,500), it could signal further bullish momentum. Meanwhile, the Parabolic SAR (Stop and Reverse), currently positioned below the price, also points to upward pressure.

However, Bitcoin remains at risk of a bearish pullback if it fails to surpass $65,000. In the event of a retracement, the first major support lies at $61,591, followed by a more robust support at $59,434. If bulls lose momentum, these levels will become critical in determining whether Bitcoin can maintain its current uptrend or enter a deeper consolidation phase.

Looking ahead, if the whale buying pressure persists and macroeconomic conditions continue to favor risk assets, Bitcoin could attempt another leg higher. A break above $65,000 would likely open the doors to a rally toward $70,000 and beyond, with Brandt’s longer-term target of $135,000 becoming increasingly realistic as 2025 approaches.

Summary:

In conclusion, Peter Brandt’s prediction of a $135,000 Bitcoin price aligns with historical patterns of Bitcoin’s halving cycles and recent whale activity.

However, key technical levels and macroeconomic factors will play pivotal roles in determining the pace and sustainability of this bull run. Strategic traders and investors will be monitoring Bitcoin’s price action around the $65,000 territories, as a breakout could signal the beginning of a push towards a new all-time high.