Renowned trader Peter Brandt has renewed his confidence in the cryptocurrency market with Bitcoin 
$98,381 reaching a new peak. In a statement to his 746,100 followers on the social media platform X, Brandt pointed out that Bitcoin is at a critical juncture in its bull market halving cycle.
The Role of the Halving Cycle
According to Brandt, Bitcoin could record an increase between 73% and 100% from its current level within the next two years, potentially reaching its cycle peak in August or September of 2025. Brandt suggested that the time taken for Bitcoin to reach its peak after the halving might be similar to past cycles based on chart analysis.
Thoughts on Ethereum and Solana
Brandt expressed that Ethereum 
$3,452 and Solana 
$197 are also ready to join Bitcoin’s upward trend. He noted that Solana is breaking towards new peaks while Ethereum is approaching upper resistance levels. Brandt stated, “I prefer new peaks and I’m highlighting Solana,” sharing his positive outlook for Solana.
Market Indicators
Analyzing Brandt’s weekly charts shows that Solana is 10% below its 28-month peak reached in March, while Ethereum is 45% behind its peak during the same period. Currently, Bitcoin is trading at $75,004.
Brandt reported that Ethereum is priced at $2,805, and Solana is trading at $187, offering a positive outlook for other major cryptocurrencies as well. The effects of the halving cycle in the cryptocurrency market and anticipated developments in the coming months could present attractive opportunities for traders. Brandt’s analyses provide clues about the market’s future volatility based on historical data.
