Is Bitcoin Set to Moon, or Will Bears Drop the Hammer?
Bitcoin’s rollercoaster saga is far from over, fam. Veteran chartist Peter Brandt just lobbed a fresh forecast into the mix, and it’s got heads turning. BTC could pump to a sky-high $135,000, but there’s a big, fat “if” hanging in the air. A sneaky 25% price crash might take all that hopium and smash it to pieces. Yeah, you heard that right.
On Oct. 9, Brandt shared his spicy predictions on X, calling Bitcoin’s recent price action a “brief pause in the ongoing trend.” But don’t sleep on it—he thinks the next leg of Bitcoin’s halving cycle could supercharge those gains.
Bulls Praying for a Liftoff, But Bears Want $48K
Now, before you get too comfy thinking we’re headed to the moon, Brandt slipped in a caveat that should make anyone holding bags sit up straight. If BTC dips below $48K—around 22% down from today’s price—things could get hairy fast. That’s the danger zone, fam. “Close below $48K negates my chart analysis,” Brandt warned, adding to the anxiety bubbling in the market.
And it’s not just Brandt vibing on this trend. Keith Alan from Material Indicators threw his two sats into the convo, but with a more chill outlook. “I’m seeing a similar cycle, but my target is more in the $125k – $130k range,” he dropped on X. Timing tho? Yeah, he’s fuzzy on that.
Halving Hype Still Fueling FOMO
Crypto OGs are still clinging to their favorite halving hopium, though. The 2025 bull peak’s getting hyped hard by traders like CryptoCon, who’s talking big numbers—$275K per Bitcoin. Lofty, right? These guys point back to the first-ever halving in 2012 like it’s the Bible, expecting history to keep on repeat. But we’ve been burned before.
September came in hot, but fizzled out fast. Highs? Nope. Instead, Bitcoin eked out a 7% gain for the month—better than nothing, but nothing to get the bullhorns out for. Still, the bulls are loading up, praying that next year brings the moon or at least a rocket ship
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