"Brandt's forecast is conditional. His exact words: "should patterns continue." The $300,000 to $500,000 target is what the cycle could deliver if nothing breaks it. Here are the conditions for his reasoning."
"Brandt is mapping a three-year roadmap that starts with more price drops, then a bottom, and then a long climb. If you are buying Bitcoin today expecting a straight line to $300,000, Brandt's prediction won't convince you."
"Spot Bitcoin ETFs already hold 1.32 million BTC, more than eight years of current mining output, all in one product category. BlackRock's IBIT alone holds over 812,000 BTC valued at roughly $64 billion. When the 2028 halving cuts daily production in half again, those same buyers will be competing for even less new supply."
"Every major Bitcoin bull run has coincided with a period of expanding global liquidity-a cheaper dollar, lower interest rates, and more capital flowing into risk assets. The 2020-2021 run happened during historic monetary stimulus. The 2024-2025 rally ran alongside the Fed's first rate cuts since 2020."
A veteran trader forecasts Bitcoin trading between $300,000 and $500,000 by Sept/Oct 2029 if four-year cycle patterns continue. The forecast is conditional and depends on a sequence of events. Bitcoin must first bottom after additional price declines, followed by a long climb. The 2028 halving must deliver its full effect by cutting daily production in half again, increasing scarcity while existing spot ETF holders compete for reduced new supply. Global liquidity must expand, supported by a cheaper dollar, lower interest rates, and more capital flowing into risk assets. Current conditions show rates around 3.5% to 3.75% with limited expected cuts.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]