Both light and shadow on the Bitcoin charts (Photo: Freepik, user8849197)
Bitcoin (BTC) has digested the setback at the beginning of the week and reclaimed $100,000. A renowned trader now sees the price marching to $150,000, but at the same time warns: The charts are signaling a decline of 50 percent. Is the buying opportunity coming? If yes: when? What should investors know?
Buy Bitcoin and wait: “the best strategy”
Bitcoin mega bull and MicroStrategy founder Michael Saylor (net worth 2025: $9.1 billion) makes no secret of his enthusiasm for Bitcoin: Buying Bitcoin – that can be compared to investing in Apple, Amazon, Google or Facebook 10 years ago. “The best strategy is to buy Bitcoin and wait,” he said. The cryptocurrency will “rise forever,” reaching prices in the millions.
For many investors, Saylor is the rock of a bear: Greedy when others are fearful – and uncompromising in his pursuit of BTC. “There is no second best solution,” he says on X (Ex-Twitter) currently announced again – and thereby underlines his “Bitcoin only” belief. In fact, no other digital asset can hold a candle to the crypto reserve currency – this can also be seen in the market capitalization. And clearly.
For comparison: Bitcoin is currently worth $2.02 trillion. The second most expensive cryptocurrency, Ethereum (ETH), has “only” a market capitalization of $411 billion. At the same time, Bitcoin is continuously and rapidly expanding its lead: in the last 12 months, the asset has appreciated by 139.59 percent – and forecasts see the Bitcoin price rising to at least $150,000 in 2025.
“Trump Trade” drives cryptocurrencies higher
Bitcoin is already demonstrating strength: after the short correction at the beginning of the week and the decline to $90,000, the bulls are once again in charge, driving Bitcoin over $100,000. Current price after a 3.13 percent increase in the last 24 hours: $102,445 per BTC. The tenor among traders and analysts: Now things continue to look up – Trump’s appointment as the 47th President of the USA on January 20th will bring a huge boost to the crypto markets. This attitude may also be responsible for a significant part of the current upward momentum – the “Trump trade” in action.
It’s not just Bitcoin that is breaking out, many altcoins are also seeing increasing demand, including: Ripple’s XRP (up 41.81 percent in the last 7 days!), Solana (SOL, up 12.87 percent in the same period), Dogecoin ( DOGE, up 23.23 percent) and Cardano (ADA, up 17.66 percent). The global crypto market capitalization has grown by 3.58 percent since yesterday, bringing it to $3.61 trillion.
Many investors are wondering: What will happen to Bitcoin now? Has the correction to $90,000 reshuffled the cards – or does $150,000 remain the price target? Trading legend Peter L. Brandt comments on this in a new forecast – unfortunately not clearly positive.
Bitcoin: Forecast sees an imminent decline of 50 percent
Brandt is one of the best-known – and probably longest-serving – industry participants: The 76-year-old American has worked as a commodities trader since 1976 and has earned a reputation as a precise chartist. Now he is warning his 773,000 followers on X: This may confuse many – but he sees both light and shadow on the Bitcoin charts. Specifically, Brandt predicts a Bitcoin price of up to $150,000. But, the analyst said in his forecast: He doesn’t rule out the possibility of BTC “constructing a massive top for a 50 percent plus decline”! As a trader with 50 years of professional experience, you are “aware of such risks,” says Brandt.
After all, investors don’t have to wait long for the potential horror crash. For his forecast, Brandt shows a chart with possible developments. What you can see is that if Bitcoin really corrects by 50 percent and offers buying opportunities, then it will be in the next few weeks. However, if the cryptocurrency stays above $90,000 until March, the upward movement towards $150,000 can continue. Either way: 2025 has the potential to be the best year yet for Bitcoin and Co. – and it has only just begun.
Disclaimer:
The author and/or associated persons or companies own cryptocoins, including Bitcoins. This article represents an expression of opinion and not investment advice.