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Well-known trader Peter Brandt rose to fame for his prediction of the 2018 Bitcoin crash, and recently he has shared a major new insight.
Brandt believes that Bitcoin is an unprecedented asset, and similar situations may never occur again in history. He has analyzed the performance patterns of Bitcoin over the past 15 years: five parabolic rises on a logarithmic scale, each accompanied by at least an 80% deep correction. Moreover, he points out that the current cycle is far from over.
What’s most eye-catching is his bold prediction—that the next bull market peak will occur in September 2029. Brandt states that he has already begun in-depth research into Bitcoin’s bottom formation, preparing thoroughly for this forecast.
It seems that Bitcoin’s rises and falls are governed by some kind of timing pattern. Historical cycles, market sentiment, liquidity changes—these factors intertwine to form the market’s unique "timing art." Whether Brandt’s prophecy can be validated remains to be seen, as the market will ultimately provide the answer.