Futures
Access hundreds of perpetual contracts
TradFi
Gold
One platform for global traditional assets
Options
Hot
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Introduction to Futures Trading
Learn the basics of futures trading
Futures Events
Join events to earn rewards
Demo Trading
Use virtual funds to practice risk-free trading
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Pre-IPOs
Unlock full access to global stock IPOs
Alpha Points
Trade on-chain assets and earn airdrops
Futures Points
Earn futures points and claim airdrop rewards
Promotions
AI
Gate AI
Your all-in-one conversational AI partner
Gate AI Bot
Use Gate AI directly in your social App
GateClaw
Gate Blue Lobster, ready to go
Gate for AI Agent
AI infrastructure, Gate MCP, Skills, and CLI
Gate Skills Hub
10K+ Skills
From office tasks to trading, the all-in-one skill hub makes AI even more useful.
GateRouter
Smartly choose from 40+ AI models, with 0% extra fees
Peter Brandt: Bitcoin is expected to reach $250k by the end of 2029, but it needs to bottom out this year first
Golden Finance reports that on May 4th, veteran trader Peter Brandt believes that Bitcoin is expected to reach $250k by the end of 2029, but this is contingent on experiencing a bottoming phase later this year. He predicts that this bottoming process could last until September or October 2026.
Brandt’s judgment is based on Bitcoin’s four-year halving cycle in history: typically, the bull market peaks 16 to 18 months after the halving, and the bottom occurs approximately one year after the peak.
This view contrasts with some analysts who believe the bear market ended in February. Brandt also emphasized that if Bitcoin’s price trend deviates from past cycle patterns, he will adjust his forecast.