Crypto Winter Analyst Expects Bitcoin at $69,000 in 2023

The well-known analyst Peter Brandt, who was able to foresee the Bitcoin correction, gave another forecast in which he shared his vision for the flagship cryptocurrency. According to Brandt, 2023 could see a rapid rise in the main cryptocurrency.

If Peter turns out to be right, then by the end of spring 2023, and maybe earlier, BTC will be in the range of $25,000. Earlier, we talked about an analyst who also expects Bitcoin at $25,000 in the near future and said that if BTC breaks this mark, then it will have a path to $37,000.

Peter Brandt also does not rule out the possibility of a correction, which could give the cryptocurrency strength for further growth. If his schedule turns out to be correct, then in May 2023 we should expect a big correction.

If we consider the analyst’s longer-term views, then according to Brandt’s expectations, bitcoin can make a jump in the second half of 2023. According to Peter, BTC will also enter periods of correction in subsequent periods of growth, which will cool the market and give further strength to growth.

On an even longer-term perspective, Peter Brandt believes that early 2025 could see the value rise to $150,000.

It is also worth noting that the words of an analyst are not the truth of the first instance, but the opinion of an expert. He is known for being able to foresee one of the cryptocurrency winters, but Brandt may be wrong next time, as the analyst also recalled on his Telegram channel. Nevertheless, it is worth at least listening to the words of an expert.

Peter Brandt is a well-known cryptocurrency market analyst. Almost 700,000 people have already gathered on his Twitter account to follow the expert's thoughts. In mid-December, Peter suggested that bitcoin had not yet reached its bottom.