Top trader Peter Brandt and investment firm Bernstein foresee Bitcoin reaching $200,000, driven by strong sentiment and possible pro-crypto regulations under Trump’s presidency.
Highlights:
- Peter Brandt predicts Bitcoin could soon hit $200K.
- Bernstein echoes a similar forecast, boosting market optimism.
- Bitcoin recently hit a new all-time high (ATH), surpassing $82,000.
Today, Bitcoin’s price remains above $82,000, fueling further bullish sentiment. The recent victory of Donald Trump has sparked a substantial rally across the crypto market, pushing BTC to a new ATH. Crypto market experts, including Peter Brandt, now predict that BTC could rise to $200K in the near future.
Peter Brandt’s Prediction for Bitcoin’s Rally to $200K The recent Bitcoin surge has drawn significant investor attention, as BTC continues to break records daily. Many market participants are hopeful for clear crypto regulations in the U.S. following Trump’s win, which could enhance Bitcoin’s appeal and institutional demand, supporting further price increases.
Veteran trader Peter Brandt has flagged a significant buy signal for Bitcoin, suggesting in an X post that BTC could rally toward $200K based on his shared price chart.
What’s Next for BTC? Investment and research firm Bernstein supports this bullish outlook, projecting that a pro-crypto stance from the SEC under Trump could trigger a broader market rally. Bernstein analysts have reiterated their forecast for BTC to reach $200K by 2025, sparking further market optimism.
Currently, Bitcoin is up nearly 2%, trading at $82,121, with its one-day trading volume jumping 35% to $80 billion. Over the last 24 hours, BTC also reached a new ATH of $82,490. Additionally, BTC Futures Open Interest rose by 3%, indicating strong market confidence.
A recent Bitcoin price prediction also hints at a possible rally to $92,000 soon. Given these indicators, Bitcoin’s path to $200K appears increasingly plausible, especially if Trump follows through on his campaign promises to support cryptocurrency, potentially boosting prices even further.
