Veteran analyst Peter BrandtBoldly predicts Bitcoin’s current bull run could peak at $305,000 by 2025, revising his former $183,000 estimate. This new parabolic target approaches gold’s estimated $6 trillion total market worth as crypto closes back in on all-time highs.
Bitcoin bounced back over $86,000 this week, nearing its former peak of $93,000 in 2021. After dipping below $25,000 last year, many doubted its resilience before this epic revival pointing toward mass adoption.
While scandals and volatility gave pause to some investors, trading volumes show renewed interest picking back up in 2023. Philosophical enthusiasm still runs high for crypto’s autonomy from bankers and regulators who burned consumers.
Between technical milestones, all-time high forecasts, surging developer activity, and rekindled mainstream buzz, Bitcoin and decentralized alternatives seem to always resurrect over time. As forecasters continually up targets, underdogs shouldn’t be counted out prematurely. The next major bull spike could arrive sooner than later.
