Renowned trader Peter Brandt believes that there is a 25% probability that Bitcoin (BTC) will reach a peak of $160,000 during this cycle. Brandt, who has a following of 724,700 on the social media platform X, predicts that the current Bitcoin bull market will continue until the fourth quarter of 2025. He emphasizes that his analysis is based on a report he issued in February, which projected a bull market until September or October 2025. Brandt’s chart indicates that it took BTC 525 days from its November 2022 low of around $16,000 to surpass $50,000. Using this figure, Brandt states that Bitcoin has 525 days from the $50,000 breakout to reach its peak of $160,000. However, Brandt initially forecasted that Bitcoin would rally to as high as $200,000 by September 2025, and he maintains that this prediction is still valid as long as Bitcoin remains above $50,000. As of now, BTC is valued at $63,776. Brandt stresses that regardless of where Bitcoin ultimately reaches, the early stages of the BTC bull market are likely behind us. He also reveals that he has held a stack of Bitcoin since 2016 and has been invested in physical gold for 40 years.