Key notes
- Although Bitcoin is struggling below $110,000, Peter Brandt says it could trade at $250,000.
- He clarified that prediction is about possibilities and not probability or certainty.
- On the other hand, Brandt noted that BTC may also take a bearish turn towards $60,000.
Although Bitcoin
BTC
$108,114
24h volatility:
0.8%
Market capitalization:
$2.16 tonnes
Flight. 24h:
$109.07 billion
is currently facing a difficult path, top trader Peter Brandt recently noted that the coin has a chance of reaching $250,000. He noted that his prediction is not a case of probability but a case of possibilities. However, the problem here is that the flagship cryptocurrency could also tilt sideways, towards a downtrend.
Possibilities of a $250,000 Bitcoin Price
On October 22, crypto trader Peter Brandt published an article on X, describing himself as a Bayesian who strongly believes in probability theory. When it comes to future Bitcoin price action, the legendary trader noted that he is speaking from the perspective of possibilities and not from the perspective of probability or certainty.
I am Bayesian
I deal with possibilities, not probabilities and certainly not certainties
At any given moment, I have binary TAs and macro narratives playing in my head – $250,000 Bitcoin or $60,000 Bitcoin.
I consider all possibilities and look for asymmetric bets in both directions– Peter Brandt (@PeterLBrandt) October 22, 2025
Brandt predicts that the BTC price could reach $250,000, based on the macroeconomic narratives he has in mind.
According to data from CoinMarketCap, Bitcoin is currently trading at $108,301.34, even with an increase of 0.49% in the last 24 hours. This is quite far from the $250,000 price target highlighted by the crypto trader.
Brandt’s prediction matches that made by Charles Hoskinson in April. The Cardano founder cited growing interest from major tech companies including Apple Inc. (NASDAQ: AAPL) and Microsoft Corp (NASDAQ: MSFT), noting that this could give the coin the boost it needs to reach all-time highs.
Here’s the spin on future BTC price performance
Adding to Brandt’s optimism, he acknowledged the possibility that the price of BTC could also go in the opposite direction.
He predicted that the coin could also go as low as $60,000, all based on possibilities and asymmetric bets in that direction. Judging from this trader’s past post, it is easy to tell that he is a strong advocate of the coin.
He recently reacted to an article from The Market Sniper on X, which stated that Bitcoin is a descending structure on an uptrend. To this message, Brandt responded that he was willing to go either way.
I’ll be the first to admit that you might be right. I’m willing to go either way. If BTC goes up I want to go long, if it goes down I want to go short.
– Peter Brandt (@PeterLBrandt) October 22, 2025
He noted that he was willing to take a long position if the price of BTC rose, while selling it short if the asset plunged.
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Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article is intended to provide accurate and current information, but should not be considered financial or investment advice. Because market conditions can change quickly, we encourage you to verify the information for yourself and consult a professional before making any decisions based on this content.
Benjamin Godfrey is a blockchain enthusiast and journalist who enjoys writing about real-world applications of blockchain technology and innovations aimed at driving mainstream acceptance and global integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.
