Veteran Trader Peter Brandt Predicts Bitcoin (BTC) Will Hit $130,000 to $150,000 Range by August or September 2025

Bitcoin (BTC), the world's largest cryptocurrency by market cap has gained notable attention from crypto enthusiasts following its impressive performance over the past 24 hours.

Bitcoin (BTC) price surged notably on Monday, March 13, adding over 10% to its value in 24 hours. This impressive rally follows a period of consolidation and sideways trading, and it has sparked renewed optimism among crypto enthusiasts.

Veteran trader Peter Brandt also joined the conversation, posting on X (previously Twitter) that BTC is positioned for a significant upside rally and could reach the $130,000 to $150,000 range by August or September 2025.

Moreover, BTC appears to be in a range from which it will experience a notable bullish price surge. In a post on X, Peter added, “Bitcoin $BTC is now in the sweet spot of the bull market halving cycle that should top in the $130k to $150K range next Aug/Sep.”

Notably, this potential bullish momentum and price surge could be influenced by the U.S. presidential election results and the pro-crypto stance of President Donald Trump.

Currently, Bitcoin price is trading close to the $75,800 level. From a technical perspective, BTC has broken out from a crucial resistance level at $73,935 and is close to closing a daily candle above the $75,600 level.

After this breakout and daily candle closing above the resistance level, BTC has turned bullish and is positioned for a significant upside rally at the upcoming level.

Moreover, if BTC closes a daily candle above $75,600, there is a high chance it could surge further in the coming days, considering the recent price action and historical momentum.

Furthermore, bullish on-chain metrics also support BTC price. According to the on-chain analytics firm Coinglass, BTC’s Long/Short ratio is currently at 1.03, indicating a strong bullish sentiment among traders.

Additionally, open interest has increased by 15%, reflecting growing trader interest and the formation of new positions.

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