When Will the Bitcoin Bear Market End? Analyst Gives Date and Price for a Rise!

The leading cryptocurrency, Bitcoin (BTC), continues to experience sharp declines. However, one analyst states that there is almost a 90% probability that the Bitcoin price will be higher in early 2027.

Accordingly, renowned analyst Timothy Peterson recently stated in an analysis that monthly price movements over the past two years indicate a recovery for the remainder of the year.

Peterson stated that Bitcoin has closed higher in 50% of the last 24 months, and based on that, there is an 88% probability that it will be higher than its current level in 10 months.

The analyst stated that historical data could point to $122,000 for Bitcoin.

Peterson explained that this indicator doesn’t give a price target, but it’s quite good at identifying turning points. “It measures the frequency of increases, not the magnitude,” Peterson said, adding that even if Bitcoin moves sideways for months, this indicator is useful for identifying trend reversals.

Other market participants also predict a recovery in 2026. At this point, investment bank Bernstein also assessed Bitcoin’s correction as “the weakest bear market scenario in history” and maintained its $150,000 price target.

*This is not investment advice.

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