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Home » Bitcoin Targets $126K by June: Bull Market Resurgence in Sight
Bitcoin

Bitcoin Targets $126K by June: Bull Market Resurgence in Sight

Karly MarieBy Karly MarieMarch 17, 2025Updated:April 28, 2025No Comments2 Mins Read
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Bitcoin’s price history suggests that April and October are among its strongest months, and if this pattern holds, BTC could be on the verge of a major rally.

According to network economist Timothy Peterson, Bitcoin has just over two months to surpass its all-time high of $109,000—and his data predicts it could surge to $126,000 by June 1.

April Could Ignite a 50% Bitcoin Price Upside

Bitcoin has seen a 30% decline since its January peak, but analysts argue that this is a typical bull market correction rather than the start of a bearish phase. Peterson points out that BTC is currently trading near the lower end of its historical seasonal range, setting the stage for a potential breakout.

“Nearly all of Bitcoin’s annual performance occurs in just two months: April and October,” Peterson shared alongside a chart analyzing BTC’s price cycles. “It is entirely possible Bitcoin could reach a new all-time high before June.”

His Lowest Price Forward metric—historically used to predict levels Bitcoin will never trade below once surpassed—suggests that $69,000 is now a new potential floor with a 95% chance of holding.

See also  Bitfarms Ltd Reports Steep Net Loss

Additionally, Peterson’s calculations show that Bitcoin’s average time below trend is only four months, meaning that its recent downturn could soon reverse, aligning with the projected $126,000 target for June.

Bitcoin’s Pullback: A Normal Bull Market Move?

Bitcoin’s dip to $76,000 in March triggered concerns, but market analysts stress that such corrections are a natural part of the cycle.

“You don’t have to look at previous BTC bull runs to understand that corrections are a part of the cycle,” noted trader and analyst Rekt Capital.

Historical trends support this outlook. Since early 2023, Bitcoin has undergone five major pullbacks, each followed by a strong rebound. Analysts at crypto exchange Bitfinex also emphasized that current market lows represent a “shakeout” rather than the end of the bull run.

The Road to $126K: What’s Next for Bitcoin?

With Bitcoin historically performing best in April and October, the coming months could be pivotal for its price trajectory. As on-chain data, historical trends, and analyst predictions all point toward a strong recovery, the stage is set for Bitcoin’s next big rally.

See also  Bitcoin’s 2014 Crash: The Year’s Worst Investment—But Can It Bounce Back?

If history repeats itself, BTC could not only surpass its all-time high but enter uncharted price discovery territory—potentially hitting $126,000 before June.

Bitcoin Bitcoin prediction Bitcoin rally BTC all-time high BTC Price bull run Crypto Market cryptocurrency analysis
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Karly Marie
Karly Marie

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