Peter Brandt Ups Bitcoin Target to $300K-$500K by 2029 as $81K Holds

Veteran trader Peter Brandt has raised his Bitcoin forecast to $300,000–$500,000 by Sept–Oct 2029, building on his prior $250,000 call after an expected Oct 2026 bottom near $60K. BTC trades steadily near $81,000, fueled by DonAlt's 'full-blown bull' trigger above $87,000, Polymarket's 47% odds for $100K year-end (up from 41%), and VanEck's $1M within five years. Earlier miner AI pivots dented $115K May targets, but supercycle views from Plan C ($250K by 2027) and institutional ETF holdings (1.32M BTC) signal prolonged upside amid consolidation.