{"id":103834,"date":"2025-10-10T18:00:54","date_gmt":"2025-10-10T18:00:54","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=103834"},"modified":"2025-10-10T18:00:54","modified_gmt":"2025-10-10T18:00:54","slug":"bitcoin-short-term-prediction-why-the-price-will-cross-140000-by-the-end-of-october","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=103834","title":{"rendered":"Bitcoin Short-Term Prediction: Why The Price Will Cross $140,000 By The End Of October"},"content":{"rendered":"

New Bitcoin (BTC) price forecasts<\/a> suggest that the leading cryptocurrency could cross $140,000 before the end of October. Based on historical data and advanced empirical modeling, a crypto analyst has confirmed that the probability of Bitcoin finishing the month above this key level appears increasingly likely.\u00a0<\/p>\n

Bitcoin Price Set For Major October Rally<\/h2>\n

According to a price prediction shared<\/a> by crypto analyst and economist Timothy Peterson on X social media, Bitcoin\u2019s trajectory in October appears promising<\/a>. His AI-based bootstrapped simulation chart also suggests that half of the month\u2019s gains may have already been realised.\u00a0<\/p>\n

The empirical model, which draws on data from October 2015 to 2024, reveals a 50% probability that BTC could end the month above $140,000, representing a roughly 15% surge from current levels of around $121,000. Additionally, the model indicates a 43% probability that the Bitcoin price will finish below $136,000 within the same time frame.\u00a0<\/p>\n

Peterson\u2019s chart displays observed daily prices leading into October 2025 and a projected range extending into early November. The model\u2019s mean prediction, represented by the dashed blue line, suggests a gradual climb from the $120,000 range toward the $140,000 mark. The 68% confidence interval remains comfortably positioned above $130,000 for much of the forecast period.\u00a0<\/p>\n

The model also includes a 95% confidence interval, shown by the wider orange band, which highlights the full range of likely outcomes. It suggests that Bitcoin has only a slight chance, about 5%, of finishing October below $110,000 and above $170,000.\u00a0\u00a0\u00a0<\/p>\n

Interestingly, Peterson noted<\/a> in an earlier post that October has historically been one of Bitcoin\u2019s strongest months<\/a>. His analysis highlights that specific days within the month, including the 9th, 20th, and 28th, have been bullish 71% of the time, while the 29th has seen gains 78% of the time since 2015. This historical tendency of October surges lends additional weight to the analyst\u2019s bullish Bitcoin price forecast, suggesting that recurring patterns<\/a> could help propel the cryptocurrency to new all-time highs soon.\u00a0\u00a0<\/p>\n

Long-Term BTC Setup Supports Steady Growth Toward $200,000<\/h2>\n

In another report, Peterson presented<\/a> a chart illustrating Bitcoin\u2019s long-term price structure since 2022. While he clarified that he is not a proponent of traditional technical analysis, he emphasized his belief in repeating market cycle patterns. The chart depicts Bitcoin\u2019s price movement<\/a> within two parallel red trend lines, showing a consistent upward trajectory since the market bottom<\/a>.\u00a0<\/p>\n

Within this framework, several green upward segments indicate recurring phases of rapid price appreciation. According to this cyclical model, Bitcoin remains firmly within an established growth channel, projecting a potential rise toward $200,000<\/a> within the next 170 days. Peterson assigned this bullish scenario a \u201cbetter than 50\/50 chance,\u201d suggesting that current market structure and historical recovery patterns support the case of continued Bitcoin price appreciation well into 2026<\/a>.\u00a0<\/p>","protected":false},"excerpt":{"rendered":"

New Bitcoin (BTC) price forecasts suggest that the leading cryptocurrency could cross $140,000 before the end of October. Based on historical data and advanced empirical modeling, a crypto analyst has confirmed that the probability of Bitcoin finishing the month above this key level appears increasingly likely.\u00a0 Bitcoin Price Set For Major October Rally According to […]<\/p>\n","protected":false},"author":0,"featured_media":103835,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-103834","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/103834"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=103834"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/103834\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/103835"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=103834"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=103834"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=103834"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}