Peter Brandt: Bitcoin price could reach $130,000 by the end of next year

Senior trader Peter Brandt said that the bull market of Bitcoin is similar to the past halving cycle. If it can continue, the price of Bitcoin may reach $130,000 by the end of next year. Based on Brandt's analysis, the last Bitcoin bull market began about 16 months before the halving on May 11, 2020, and ended about 18 months after the halving. The previous two halvings in July 9, 2016 and November 28, 2012 also followed similar patterns.