The long-time veteran trader, known for accurately calling Bitcoin’s 2017 and 2021 tops, has issued a fresh warning to Bitcoin investors, suggesting that the world’s largest cryptocurrency may see one final dip before surging towards its past all-time high $126,198.
This prediction has sparked curiosity among investors, asking, how low could Bitcoin drop in this final dip?
Brandt Warns of One Last Correction
Brandt explained that Bitcoin is still following its long-term parabolic structure but warned that “a major shakeout” might occur first. If that happens, BTC could briefly test the $50,000–$60,000 zone before bouncing back stronger.
He noted that Bitcoin’s last cycle low was on November 9, 2022, 533 days before the April 2024 halving. Projecting forward, this points to a potential market peak around October 2025, which aligns with patterns seen in previous cycles.
Brandt cautions, though, that temporary corrections could occur before the final surge.
Still, he believes that deep 80% crashes are unlikely now because of growing institutional adoption and a more mature market.
Bull Run To Peak In Next 10 Days
Supporting Brandt’s view, trader CryptoBirb warns that the current Bitcoin rally is 99.3% complete, leaving just 10 days before the usual bull run cycle may end.
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Technical indicators back this up, as the Fear & Greed Index has dropped from 71 to 38, and RSI cooled to 45, signaling that market emotions are resetting and setting the stage for a possible final surge.
With October 24th approaching, traders should be ready for higher volatility and potentially explosive price moves.
Fed Policy Could Spark the Next Bitcoin Rally
Despite short-term setbacks, the bigger story now centers on U.S. Federal Reserve policy. BitMEX co-founder Arthur Hayes said the Federal Reserve Chair Jerome Powell hinted that the phase of aggressive tightening could soon end, opening the door for more liquidity to flow back into the markets.
So, back up the truck and buy everything.
As of now, BTC is trading around $112,370, reflecting a slight jump seen in the last 24 hours, with a market cap hitting $2.24 trillion
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FAQs
As per Coinpedia’s BTC price prediction, the Bitcoin price could peak at $168k this year if the bullish sentiment sustains.
With increased adoption, the price of Bitcoin could reach a height of $901,383.47 in 2030.
As per our latest BTC price analysis, Bitcoin could reach a maximum price of $13,532,059.98
By 2050, a single BTC price could go as high as $377,949,106.84
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