Peter Brandt Predicts Bitcoin Could Hit $500K by 2029
- —Brandt sees a cycle peak of $300,000–$600,000 by late 2029
- —A $500,000 target implies nearly a 6x gain from the current $84,700
- —The call is tied to the 2028 halving and a 2029 cycle peak
- —CryptoQuant confirmed a bull regime after BTC closed above its 365-day moving average
Why it matters: The forecast landed alongside bullish onchain signals, potentially reinforcing new-cycle expectations among investors.
Source: Coinpaper