Bitcoin Still on Track for $160K by Christmas

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Bitcoin price weakness has good odds of flipping “positive yet less volatile” in the coming months, new research said.

Bitcoin can reverse its latest slump to hit new all-time highs in the next four months, based on historical performance.

Research says that the outlook for Bitcoin between now and Christmas is “positive yet less volatile.”

The current dip may be “frontrunning” traditional September BTC price downside.

Bitcoin may be looking at average gains of 44% by Christmas as analysts play down the impact of a deeper BTC price correction.

Research from network economist Timothy Peterson, released on X this week, predicted “positive” performance for BTC/USD in Q4.

Bitcoin analysis plays with $160,000 target
Bitcoin traditionally sees its weakest gains in September, a month that BTC/USD has never finished more than 8% higher.

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