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📅 July 3, 7:00 – July 9,
Experienced Economist Claimed That Bitcoin Could Reach ATH Within 100 Days, Explained Three Conditions!
Crypto economist Timothy Peterson suggested in his analysis on social media that Bitcoin could reach an all-time high within the next 100 days.
Peterson bases this prediction on three fundamental data sets: trend analysis, seasonality effect, and market volatility.
According to Peterson, the upward movement in Bitcoin's price is based on a trend that has been ongoing for 2 years. The economist stated that this trend is supported not only by technical analysis but also by fundamental dynamics such as "adoption economics," and said, "If this trend continues, Bitcoin could rise above $135,000 in the coming period."
Peterson also pointed out the seasonal fluctuations often observed in investment markets. He noted that similar to the increases in January and holiday periods, Bitcoin has historically performed above average in June and July. Peterson, who argued that Bitcoin has shown below-average performance so far since the beginning of 2025, expressed that thanks to the seasonal effect, the price could rise again and that the level of 130,000 dollars might be seen by August.
Peterson, who also evaluates the volatility index (VIX), stated that the VIX falling below the level of 18 indicates that the "risk appetite" will revive. The economist, who explained that Bitcoin currently shows a high correlation with NASDAQ and that the daily tracking error is below 5%, said, "If this correlation continues and the VIX falls below 18, Bitcoin could rise to $107,000 within 2-3 weeks and exceed $135,000 within 100 days."