Veteran trader Peter Brandt predicts that Bitcoin (CRYPTO:BTC) could reach a major top in August 2025, based on past price cycles and halving events.

His analysis highlights Bitcoin's historical price corrections, noting the current 27% correction is the largest in the current cycle.

Brandt's prediction suggests the peak might occur 1.5 years after the 2024 halving, potentially reaching up to $150,000.

Despite Bitcoin's month-long correction, which has seen prices drop below $54,000, the asset recently peaked at a new all-time high of $73,737.

At present, Bitcoin is trading at $57,840, with bulls facing resistance above $58,000.

Brandt's insights provide a data-driven outlook on Bitcoin's potential trajectory, though exact market tops remain difficult to pinpoint.