Bitcoin Short-Term Prediction: Why The Price Will Cross $140,000 By The End Of October

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New Bitcoin (BTC) terms forecasts suggest that the starring cryptocurrency could transverse $140,000 earlier the extremity of October. Based connected humanities information and precocious empirical modeling, a crypto expert has confirmed that the probability of Bitcoin finishing the period supra this cardinal level appears progressively likely. 

Bitcoin Price Set For Major October Rally

According to a terms prediction shared by crypto expert and economist Timothy Peterson connected X societal media, Bitcoin’s trajectory successful October appears promising. His AI-based bootstrapped simulation illustration besides suggests that fractional of the month’s gains whitethorn person already been realised. 

The empirical model, which draws connected information from October 2015 to 2024, reveals a 50% probability that BTC could extremity the period supra $140,000, representing a astir 15% surge from existent levels of astir $121,000. Additionally, the exemplary indicates a 43% probability that the Bitcoin terms volition decorativeness beneath $136,000 wrong the aforesaid clip frame. 

Peterson’s illustration displays observed regular prices starring into October 2025 and a projected scope extending into aboriginal November. The model’s mean prediction, represented by the dashed bluish line, suggests a gradual ascent from the $120,000 scope toward the $140,000 mark. The 68% assurance interval remains comfortably positioned supra $130,000 for overmuch of the forecast period. 

BitcoinSource: Chart from Timothy Peterson connected X

The exemplary besides includes a 95% assurance interval, shown by the wider orangish band, which highlights the afloat scope of apt outcomes. It suggests that Bitcoin has lone a flimsy chance, astir 5%, of finishing October beneath $110,000 and supra $170,000.   

Interestingly, Peterson noted successful an earlier station that October has historically been 1 of Bitcoin’s strongest months. His investigation highlights that circumstantial days wrong the month, including the 9th, 20th, and 28th, person been bullish 71% of the time, portion the 29th has seen gains 78% of the clip since 2015. This humanities inclination of October surges lends further value to the analyst’s bullish Bitcoin terms forecast, suggesting that recurring patterns could assistance propel the cryptocurrency to caller all-time highs soon.  

Long-Term BTC Setup Supports Steady Growth Toward $200,000

In different report, Peterson presented a illustration illustrating Bitcoin’s semipermanent terms operation since 2022. While helium clarified that helium is not a proponent of accepted method analysis, helium emphasized his content successful repeating marketplace rhythm patterns. The illustration depicts Bitcoin’s terms movement wrong 2 parallel reddish inclination lines, showing a accordant upward trajectory since the marketplace bottom

Within this framework, respective greenish upward segments bespeak recurring phases of accelerated terms appreciation. According to this cyclical model, Bitcoin remains firmly wrong an established maturation channel, projecting a imaginable emergence toward $200,000 wrong the adjacent 170 days. Peterson assigned this bullish script a “better than 50/50 chance,” suggesting that existent marketplace operation and humanities betterment patterns enactment the lawsuit of continued Bitcoin terms appreciation good into 2026

BitcoinBTC trading astatine $121,398 connected the 1D illustration | Source: BTCUSDT connected Tradingview.com

Featured representation from Pixabay, illustration from Tradingview.com

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