Bitcoin Could Hit $600K by 2029, Says Peter Brandt
Veteran trader Peter Brandt turns bullish on Bitcoin, targeting $600K by 2029. Jay Clayton's AI czar role draws crypto community backlash.
Peter Brandt just flipped bullish on Bitcoin, and he's not messing around. The legendary chart trader now sees BTC potentially reaching $600,000 by 2029 — this cycle. That's not a typo. If you're not paying attention, you're already behind.
Brandt's call is turning heads across crypto Twitter and trading desks alike. A $600K target implies a move that would dwarf previous bull runs in pure dollar terms. Whether or not you trust the chart, the signal from a trader of Brandt's caliber is not something you scroll past.
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Meanwhile, the crypto community is fuming over a different kind of news. Former SEC Chairman Jay Clayton — the same guy who presided over years of aggressive enforcement actions against crypto — has been tapped by President Trump as the new AI czar. Roman Storm and the XRP army are both vocal in their displeasure. For a community that fought Clayton's SEC in court and in headlines, the appointment stings.
The Clayton pick raises real questions about regulatory philosophy bleeding into AI governance. Crypto veterans remember his tenure as one of the most combative periods between the SEC and digital asset markets. Handing him influence over emerging tech policy is not sitting well with the people who bore the brunt of those enforcement years.
Two very different stories, one common thread: Washington and Wall Street are still shaping the crypto landscape in ways that matter to your portfolio. Watch both. Continue reading at Cointelegraph.
