Питер Брандт предсказывает, что биткоин может достичь $185 000 благодаря рождению сильных трендов Headline: Peter Brandt predicts Bitcoin could reach $185,000 due to the emergence of strong trends

The first cryptocurrency could venture into «uncharted price territory» if it fails to reach the peak of the current cycle in the coming days. This perspective was shared by technical analyst Peter Brandt in a conversation with Cointelegraph.

*“It is quite reasonable to expect the peak of the bullish phase at any moment,”* he noted, referencing classic cycle theory.

The expert clarified that it has been 533 days since the minimum point of the current Bitcoin cycle on November 9, 2022, until the upcoming halving on April 20, 2024.

*“If you add these 533 days to the halving date, we arrive at just last week,”* he emphasized.

The corresponding date was October 5. The very next day, digital gold *surpassed* its price record, reaching above $126,000. However, there is a caveat: according to Brandt, the strongest trends are born when the market deviates from traditional cycles.

The analyst assessed the likelihood of a classic scenario at 50%. At the same time, he maintains a bullish position, hoping for a counter-cyclical movement, with expectations of Bitcoin rising «well beyond $150,000 and potentially towards $185,000».

*“Change is inevitable, but betting against a cycle with an impeccable 3:0 record should be done with extreme caution,”* Brandt warned.

In 2025, debates over the relevance of Bitcoin cycle theory have reignited. In July, an analyst under the pseudonym Rekt Capital *suggested* that, similar to 2020, the peak may occur in October.

Not everyone shares this opinion. During the summer, CryptoQuant CEO Ki Young Ju *stated* that the classic model has lost its relevance, citing the growing influence of institutional investors in the crypto market.

Later, the «death» of Bitcoin cycles was *confirmed* by the investment director of Bitwise. A similar viewpoint is upheld by analysts at K33, who argue that Bitcoin’s movement now depends on large investors and macroeconomic policies rather than traditional halving patterns.

At the time of writing, the first cryptocurrency is trading at around $123,000. Over the past day, the asset’s price increased by 0.1%, and by 3.5% over the week, according to CoinGecko.

Trader Tony Severino pointed out that the classic volatility indicator—*Bollinger Bands*—has reached record «compression» on weekly charts. Traditionally, this precedes significant price movement.

According to the expert, a decisive moment will be the breakout of either the upper or lower boundary of the channel.

*“Experience from previous consolidations shows that a true breakout (or collapse) can take over 100 days. A key signal is a clear breakout on a long candle,”* he cautioned.

Severino also added that exiting the «compression» phase is often accompanied by false signals. He did not rule out that the surge of Bitcoin to $126,000 may have been such a false breakout.

*“Another fake breakout downward is possible before the trend finally reverses upward. This scenario could either trigger a parabolic rise in the cryptocurrency or mark the end of a three-year bullish trend,”* concluded the trader.

Analysts at Glassnode *noted* that after the recent rally, 97% of Bitcoin’s supply is «in profit».

*Realized profit* remains restrained. According to experts, this «suggests an orderly rotation rather than selling pressure.» This dynamic is characteristic of a healthy bull market, where profit-taking is balanced by new demand.

They do not rule out the possibility of a correction to the support level of $117,000, where investors purchased around 190,000 BTC. However, a decline could be followed by a new uptrend.

*“Although entering uncharted price territory always carries the risk of a correction, a pullback to $117,000 could serve as a catalyst for a rally. Investors who bought in this zone will actively defend their profitable positions, creating a solid foundation for resuming the upward trend,”* explained Glassnode.

Recall that analysts at CryptoQuant *pointed out* that Bitcoin retains growth potential as the market is not yet overheated.