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

According to media reports, veteran trader Peter Brandt said that Bitcoin's bull run is similar to the past post-halving cycles, and if it continues, the price of Bitcoin could reach $130,000 by the end of next year. According to Brandt's analysis, the last Bitcoin bull run began about 16 months before the halving on May 11, 2020, and the cycle ended about 18 months after the halving. The previous two halvings, on July 9, 2016 and November 28, 2012, also followed a similar pattern.