50% of Bitcoin's past 24 months ended in gains: Economist

Economist Timothy Peterson expects Bitcoin to trade above its current level by December, though some analysts are pushing back on that view.

Half of the months over the past two years have delivered positive returns for Bitcoin, which may be a strong sign that it will be higher than its current price in December, an economist said.

“50% of the past 24 months have been positive. This implies an 88% chance that Bitcoin will be higher 10 months from now,” economist Timothy Peterson said in an X post on Saturday. He did not provide details of the statistical model behind the estimate.

In 2025, Bitcoin (BTC) posted gains in January, April, May, June, July, and September, while the other six months ended lower, according to CoinGlass.

Read more

You can get bonuses upto $100 FREE BONUS when you:
💰 Install these recommended apps:
💲 SocialGood - 100% Crypto Back on Everyday Shopping
💲 xPortal - The DeFi For The Next Billion
💲 CryptoTab Browser - Lightweight, fast, and ready to mine!
💰 Register on these recommended exchanges:
🟡 Binance🟡 Bitfinex🟡 Bitmart🟡 Bittrex🟡 Bitget
🟡 CoinEx🟡 Crypto.com🟡 Gate.io🟡 Huobi🟡 Kucoin.