April and October are traditionally strong months for Bitcoin, and historical data suggests a strong rebound before June

BlockBeats news, on March 16th, according to Cointelegraph, analyst Timothy Peterson pointed out in a new chart report that Bitcoin is about to enter the traditional strong month - the "golden window period" composed of April and October. If the historical seasonal pattern repeats, Bitcoin is expected to hit $126000 before June 1st, with more than 50% upward potential compared to the current price of $82967. Peterson stated that the current price of Bitcoin is approaching the lower limit of its historical seasonal volatility range, and emphasized in his chart analysis that "the average time Bitcoin is below the trend line is only 4 months, and the red dashed trend line points to the $126000 target on June 1, which is highly consistent with the explosive rhythm of the historical bull market correction. Data shows that there have been five pullbacks of over 20% in the current cycle since 2023, but each correction has been accompanied by a stronger upward trend. The bull market has not yet left, and it is currently only a short-term pullback Market observers generally believe that the linkage between Bitcoin and traditional financial assets has increased, and it may be affected by short-term fluctuations in the US stock market. However, its unique deflationary properties and geopolitical hedging needs will enable it to emerge from an independent market before June.