Veteran trader Peter Brandt predicts Bitcoin (BTC) will reach $150,000 by September 2025, citing strong technical patterns and robust market momentum. The forecast is anchored on a megaphone formation breakout, with Bitcoin currently trading above $104,000 and demonstrating sequential higher lows plus volume-backed price thrusts. Brandt’s technical analysis is further supported by a recent 20-day EMA bullish crossover and an RSI of 75.07, indicating continued strength despite overbought conditions.
Institutional participation has surged, with ETFs—led by BlackRock and Fidelity—garnering $261 million in recent net inflows. Open interest in CME Bitcoin futures has hit a five-month high, reflecting growing confidence among professional investors. Bitcoin’s market dominance has strengthened to 53.4%, reinforcing its leadership in the cryptocurrency space. Brandt's projections, initially met with skepticism after April's pullback, now resonate as recent price action aligns with his bullish thesis.
Market momentum is infected by broader optimism, with Ethereum and Solana also following the upward trend. Key technical indicators—such as the 2.5 million BTC 'Age Consumed' metric—point to dormant coins reactivating, a phenomenon historically linked to major market shifts. Although immediate prospects are robust, analysts caution that a dip below $102,000 could threaten near-term outlooks, potentially testing the $95,000 support. Sustained institutional adoption and favorable economic conditions are expected to be decisive for realizing Brandt’s bullish scenario. The clustering of these signals suggests positive sentiment is likely to persist, mirroring past bull cycles.