Bitcoin's Potential End-of-Year Performance: An 88% Probability

A recent analysis by economist Timothy Peterson has sparked interest in the cryptocurrency community, suggesting that there is an 88% probability that Bitcoin will end the year higher than its current level.

The prediction is based on historical data showing that half of the past 24 months have been positive for Bitcoin. This means that out of the last two years, exactly half of the months have seen gains in the price of Bitcoin.

According to Peterson's model, this ratio implies a strong signal that Bitcoin will be higher in ten months' time, around December 22, 2026.