- Today the price of Bitcoin fluctuated between $76,700 to $79,500, responding to geopolitical events in the world.
- In the future, according to experienced trader Peter Brandt, volatility will increase, as will the Bitcoin price.
- In the fall of 2029, BTC may rise in price to $300,000-$500,000.
Monday 27 April Bitcoin (BTC) adjusted to $76,700 per coin, down 1,6% after testing $79,500 during the Asian session, the highest point in two and a half months.
CoinGecko Data
The correction came two days after veteran trader Peter Brandt опубликовал a multi-year Bitcoin price forecast in which he predicts a cycle peak of $300,000–$500,000 by September–October 2029. This is all assuming the four-year halving cycle continues.
Brandt noted that his model predicts another investment low in September–October 2026, which may or may not exceed the February 2026 low of around $63,000. Over the next 48 hours, everything will depend on whether buyers can overcome resistance at $80,000 or whether their BTC price rebounds back into the $73,500–$78,000 range.
The next high (if the trend continues) will be reached in the $300,000 to $500,000 range in September/October 2029.” Brandt added that he will announce trading impulses through his Factor Report and BitcoinLive platforms.
The target significantly exceeds institutional forecasts. JPMorgan’s structural model points to a range of $240,000–$266,000, while Standard Chartered’s revised forecast remains at $500,000 by 2030, up from 2026. eToro CEO Yoni Assia expects a jump to $250,000 within the current cycle.
Brandt’s thesis is based on three key points that differentiate it from the standard “Bitcoin at $1 million” predictions:
- This concept views halving cycles, rather than macroeconomic events, as the primary driver of Bitcoin’s long-term price performance.
- The $300-$500 target is conditional, not definitive, which distinguishes it from open-ended bullish forecasts.
- To achieve the target, the September-October 2026 low must first be confirmed, with a potential decline below the February level below $63,000.
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