Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

Brandt Sees $600K Bitcoin Price Target by 2029, Downplays Rate Hike Impact

Guavy AI Editorial Team
Instruments
BTC XRP
Share

Peter Brandt, a veteran trader, has shared his bullish outlook for Bitcoin (BTC), predicting it could reach $600,000 by 2029. In an interview, he stated that further interest-rate hikes would likely have only a limited impact on the cryptocurrency's price.

Brandt also expressed a negative view of XRP as an investment asset, describing it as a 'fool's coin'. However, he acknowledged its potential as a low-cost transaction token. The trader did not specify what conditions would need to be met for Bitcoin to reach his predicted price target by 2029.

More on Crypto

Crypto just now

Cardano Price Holds Key Level as Whales Accumulate

Crypto just now

Cardano DeFi Activity Surges on DEXs Amid Renewed Trading Volume

Crypto 1m ago

Barcelona's Web3 Platform Boosts Cardano Price 5% to $0.2544

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy