Analysis: April and October are traditionally strong months for Bitcoin, and BTC may see a strong rebound before June

ChainCatcher news, analyst Timothy Peterson pointed out in a new chart report that Bitcoin is about to enter the traditionally strong months—April and October, forming the "golden window period." If historical seasonal patterns repeat, Bitcoin is expected to surge to $126,000 before June 1, representing an increase of over 50% from the current price of $82,967.

He stated that Bitcoin's current price is close to the lower limit of its historical seasonal volatility range, and emphasized in his chart analysis that "the average duration of Bitcoin being below the trend line is only 4 months. The red dashed trend line points to the June 1 target of $126,000, which highly aligns with the explosive rhythm after historical bull market corrections. Data shows that since 2023, the current cycle has experienced five corrections of over 20%, but each correction has been followed by stronger rallies. The bull market is not over; it is currently just a short-term pullback."

Market observers generally believe that Bitcoin's correlation with traditional financial assets has strengthened, and in the short term, it may be influenced by fluctuations in the U.S. stock market. However, its unique deflationary attributes and geopolitical safe-haven demand will likely lead it to perform independently before June.