Bitcoin’s long-term price outlook is a major talking point, with veteran 
trader Peter Brandt recently floating a bold timeline for when the leading 
cryptocurrency could hit $250,000. The comment came in response to a chart 
shared on X by NBA legend Scottie Pippen, who showed how Bitcoin’s current 
structure looks familiar. Brandt not only agreed with Pippen, he also attached 
a projection that points to a specific year for a when the Bitcoin price will 
eventually trade above $250,000. Power Law Projection Points To 2029 Breakout 
According to veteran financial analyst Peter Brandt, Bitcoin is on track to 
setting off to $250,000-plus by late 2029. He only noted this with a simple 
sentence, but the projection to $250,000 is visible in the weekly candlestick 
price chart he shared alongside his prediction. Related Reading: Don’t Fall 
For The Bitcoin Trap: Analyst Explains Why Recovery To $76,000 Is Not A Good 
Thing The chart shared by Brandt shows Bitcoin trading within a broad upward- 
sloping channel that has defined its macrostructure for over a decade. The 
lower boundary, highlighted in green, appears to act as a recurring support 
zone during major consolidations. The upper red band connects the different 
peaks over the years. The current structure is playing out in a way where 
Bitcoin has been trending downwards after a strong multi-year advance that 
peaked in late 2025. Brandt’s projection extends the channel forward into 
2029, where the middle band of the channel intersects near the $250,000 price 
level. $250,000 is a recurring Bitcoin price target among crypto participants, 
although the predictions have different timelines as to when Bitcoin will 
reach this price level. For instance, Fundstrat’s Tom Lee is also of the 
notion that Bitcoin will trade at $250,000 soon, although this came with a 
warning. Analysts at Galaxy Digital have also floated the same target, 
although on a faster timeline around 2027. That projection, however, came with 
expectations of an unstable 2026 before any strong rally. Scottie Pippen’s 
2020 Comparison Brandt’s forecast was triggered by Scottie Pippen’s post 
comparing Bitcoin’s current setup to its 2020 structure. In Pippen’s side-by- 
side chart comparison, the left panel shows Bitcoin’s CME Futures in mid-2020 
forming a base before launching into the rally that culminated in the 2021 
highs. Related Reading: Bitcoin Ready To Bounce Again? The Major Accumulation 
Trend You Should Be Aware Of The right panel, which shows current price action 
in 2026, depicts a similar consolidation pattern above a green support zone. 
The visual comparison suggests that Bitcoin is now in a comparable pre- 
breakout phase like it was in 2020. In 2020, Bitcoin consolidated for months 
before breaking into a parabolic move. As such, although the long-term view is 
bullish, there&#8217;s a high probability that Bitcoin will continue to consolidate 
around its current price level before going on an aggressive 2021-style rally. 
At the time of writing, Bitcoin is consolidating below $70,000. The leading 
cryptocurrency is currently trading at $66,150, having lost 1.8% of its value 
in the past 24 hours. Featured image from Pixabay, chart from Tradingview.com

Expert Crypto Trader Predicts The Exact Year Bitcoin Will Reach $250,000

Bitcoin’s weekly candle closed before a key moving average, breaking a 
30-month trend and possibly signalling that new price lows are pending.

Critical Bitcoin weekly trend breaks for first time in 2+ years: Is BTC done?

Autonomous AI agents are set to transform economic systems and redefine labor 
in the coming years.
The post Jansen Teng: AI agents will become autonomous economic actors, teleoperation can cut costs by 60%, and tokenization is key for robotics innovation | Unchained appeared first on Crypto Briefing.

Jansen Teng: AI agents will become autonomous economic actors, teleoperation can cut costs by 60%, and tokenization is key for robotics innovation | Unchained

Anthropic accuses DeepSeek, Moonshot and MiniMax of using fraudulent accounts 
to distill Claude capabilities across 16 million exchanges.
The post Anthropic alleges industrial-scale Claude attacks by DeepSeek and 
other Chinese AI rivals appeared first on Crypto Briefing.

Anthropic alleges industrial-scale Claude attacks by DeepSeek and other Chinese AI rivals

Bitcoin wiped out its weekend gains, plummeting from a high of $68,600 to a 
low of $64,161. The reversal was fueled by macroeconomic instability following 
U.S. President Trump’s announcement of a 15% blanket tariff on imports. The 
Sunday Slump Bitcoin’s weekend rally hit a brick wall Monday, Feb. 23, as the 
top cryptocurrency completely pared […]

Cryptocurrency price in KRW