Peter Brandt’s Bold Bitcoin Call: 2029 Peak After 2028 Halving
Forget short-term noise—one veteran trader just mapped Bitcoin's next five years.
Peter Brandt, the chart analyst who's called major crypto cycles before, throws a long-range forecast into the ring. His thesis hinges on the immutable clock of Bitcoin's code: the halving.
The Halving Countdown
The next supply cut—scheduled for 2028—isn't the main event in Brandt's playbook. It's the launchpad. History shows these programmed scarcities ignite bull markets, but the real fireworks, he argues, come after. The 2029 peak he predicts would follow the historical pattern of a post-halving surge, then a multi-year consolidation that leaves weak hands behind.
Reading the Cycles
This isn't astrology—it's pattern recognition on a decade-long chart. Brandt's projection extends Bitcoin's historical rhythm of explosive growth phases followed by brutal, necessary drawdowns. It suggests the market needs years to fully price in each new, reduced issuance rate, a process that typically enriches the patient and vaporizes the leverage of the impatient.
So, mark 2029 on your calendar—or don't. It's a forecast, not a promise. In a market where 'long-term' often means next quarter, Brandt's view is a stark reminder: true crypto wealth isn't mined in days, it's forged in cycles. Just ask anyone who sold their Bitcoin in 2016 to buy a trendy fintech stock.
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In Brief
- Peter Brandt predicts that Bitcoin will reach a peak in 2029, raising a debate on crypto market cycles.
- The analyst forecasts a peak for Bitcoin in 2029, based on past cycles and logical market trends.
- The halving and other internal events influence Bitcoin’s trajectory and strengthen price cycles.
- Global economic policies and liquidity affect Bitcoin’s performance and modulate its volatility.
Peter Brandt’s forecast and the bitcoin bull cycle
While Michael Saylor is slowing down on bitcoin, Peter Brandt, a trading veteran and respected analyst, has made a statement that could redefine Bitcoin investors’ expectations.
According to him, the next peak of the bitcoin bull market should occur in September 2029, as part of a cycle that follows trends observed in previous rallies. Brandt bases this forecast on historical data and logarithmic cycles.
However, he also warns that, as in previous bullish phases, a significant correction could occur before bitcoin reaches this peak. To better understand this prediction, here are the main elements that support it :
- Peter Brandt’s prediction : the next bitcoin peak could happen in September 2029. He relies on the history of past cycles, where bitcoin experienced five parabolic bullish phases each followed by a drop of over 80 % ;
- The bitcoin cycle theory : Brandt mentions the theory that each major bitcoin bull cycle occurs approximately four years after a halving, an event scheduled for April 2028. This halving halves the reward for miners, traditionally leading to upward pressure on the price ;
- Price forecasts : consistent with this dynamic, Brandt anticipates that the next peak could be reached after the 2028 halving, but he also expects a major correction, with a possible drop of the bitcoin price to around $25,000 before resuming its upward trajectory ;
- Previous corrections : the current cycle, according to Brandt, is not yet complete. The 80 % drop in each cycle is a recurring market feature, and this dynamic could repeat before the next peak.
These forecasts by Brandt are based on the analysis of previous cycles. He points out that, despite market volatility, bitcoin’s progression follows logical trends related to events like the halving.
Macroeconomic implications and upcoming trends
While Brandt’s prediction is rooted in bitcoin’s internal cyclical dynamics, global economic conditions also play a fundamental role in its price evolution.
In 2026, the forecast from CoinEx analyst Jeff Ko suggests that liquidity in the crypto market will be “selective”, with a concentration of capital flows towards flagship assets, these cryptos with the most significant adoption.
The altcoin market, often considered a volatile part of the crypto landscape, could suffer. In this context, the impact of global monetary policies, such as interest rate cuts and persistent inflation, could also play a key role. The way liquidity is distributed could limit the cascading effect of bullish cycles seen in the past.
On the other hand, the relationship between bitcoin and the M2 money supply, which was historically correlated with BTC’s performance, seems to have weakened since the introduction of ETFs in 2024. This suggests that, although bitcoin is still influenced by global economic policy, its price movements no longer follow major economic trends as strictly.
Thus, this opens the door to greater volatility and unpredictable market reversals, whether upward or downward. These new dynamics, coupled with macroeconomic uncertainties, create a market climate where investors will need to act with increased vigilance.
Ultimately, although Peter Brandt’s forecast for 2029 offers an interesting perspective, experts’ opinions are increasingly divided. Between historical cycles and new macroeconomic factors, bitcoin’s future remains uncertain. Investors will need to proceed cautiously, adjusting their strategies to ever-evolving market dynamics.
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