Bitcoin Could Go as High as $600,000 in Best-Case Scenario, Veteran Trader Says

Veteran trader Peter Brandt suggests that Bitcoin may have reached its bottom earlier than expected, potentially in late June, rather than around October 4 as previously predicted. He anticipates a possible correction to between $61,000 and $68,000 before a recovery, with a long-term bullish outlook forecasting Bitcoin could reach between $300,000 and $600,000 by late 2029. Brandt emphasizes Bitcoin as a core holding for investors, alongside smaller allocations to Ethereum and Solana, while cautioning against investing in newly launched tokens.