Bitcoin Price Movement: Analyst Suggests 88% Chance of Growth

Crypto analysts are often known for their bold predictions, but Timothy Peterson's latest claim has sparked significant attention in the community. According to Peterson, data from the past 24 months shows that half of the months ended with gains, suggesting an 88% chance of Bitcoin being higher in 10 months.

The analyst based his view on a review of monthly performance data, which shows that six out of the last 12 months were positive. This implies that there is a strong possibility of further growth in the coming months. However, market odds and betting markets show a different view, with Polymarket pricing December as only a 17% shot at being the best month of 2026.

Market sentiment remains cautious, with traders weighing past trends against current uncertainty. The debate over short-term streaks in price gains continues to grow louder, with analysts divided on whether near-term green candles could be coming or if a deeper low may not arrive until late 2026.