Peter Brandt

Citi has set a $113,000 price target for Bitcoin, while veteran trader Peter Brandt has floated an even more bullish long-term scenario of $600,000. Despite his optimism, Brandt is warning of a potential sharp correction in October, cautioning investors against complacency. The split outlook from a major bank and a well-known trader is fueling debate over whether Bitcoin's rally can hold or faces a near-term pullback.