Peter Brandt Raises Bitcoin Target to $600K by 2029

Veteran trader Peter Brandt raised his long-term Bitcoin price target to $600,000 by 2029, citing historical market-cycle patterns and diminishing returns across successive bull markets. The projection implies substantial upside from current levels but remains a speculative, scenario-based forecast rather than a near-term prediction. If realized, it would reinforce Bitcoin’s potential as a major appreciating asset, while its credibility depends on future adoption, liquidity, and macroeconomic conditions.