The post BTC News: Bitcoin Won’t Hit $200k Until 2029, Veteran Trader Says appeared on BitcoinEthereumNews.com.

Bitcoin faces sliding prices as analysts debate the next rally, while traders react to shifting market conditions and forecasts.   Bitcoin has seen heavy selling over recent weeks. Price action pushed traders to rethink old predictions and debate how long the next recovery may take.  Veteran trader Peter Brandt shared a long timeline for the next massive upswing. His view surprised many traders who expected faster progress. Brandt’s Long Timeline for Bitcoin Peter Brandt said that Bitcoin may not reach $200,000 until the third quarter of 2029. He shared this view on X and noted that he still supports Bitcoin over the long run.  Notably, his position differs from several well-known figures across the crypto sector. Full disclosure folksOf my maximum ever Bitcoin position I still own 40%, at a price 1/20th of Saylor’s avg buy.I am a long-term bull on Bitcoin. This dumping is the best thing that could happen to Bitcoin. The next bull market in Bitcoin should take us to $200,000 or so. That… — Peter Brandt (@PeterLBrandt) November 21, 2025 Arthur Hayes and Tom Lee expected BTC to pass 200,000 by the end of this year. They repeated that view as recently as October. Coinbase CEO Brian Armstrong and ARK Invest’s Cathie Wood also shared far higher numbers.  They see one million dollars by 2030 and that target is one quarter later than Brandt’s and nearly five times higher. Brandt’s slower timeline gained attention because the market has struggled since early October. Bitcoin hit a record of $125,100 on October 5 before selling pushed the price to $88,000 on Wednesday.  It has slid again to about $86,870 at the time of publication, according to CoinMarketCap. Why Brandt Views the Drop as Healthy Brandt said the market needs these resets. He called the recent selling the best…

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Filed under: News - @ November 21, 2025 5:23 pm