Bitcoin's Price Forecast Based on Historical Patterns Suggests Potential for $100,000 Rebound

A trading expert has proposed that Bitcoin's price may be set for a significant rebound in the coming years. According to historical patterns observed through the Fisher Transform indicator, which suggests that each bullish cross precedes a price bottom by around 1-5 months, the cryptocurrency could challenge and potentially surpass $100,000 by early November 2027.

The prediction is based on data from previous bull cycles, where multi-year rallies and new all-time highs were observed following similar recoveries. The analyst notes that while the current bearish phase has resulted in a five consecutive monthly red candles, this sequence has historically signaled a potential bottom.