April and October are traditionally strong months for Bitcoin, and historical data points to a strong rebound by June

BlockBeats News, on March 16, according to Cointelegraph, analyst Timothy Peterson pointed out in a new chart report that Bitcoin is about to enter the traditional strong month - April and October constitute the "golden window", if the historical seasonal pattern repeats, Bitcoin is expected to hit $126,000 before June 1, more than 50% upside from the current price of $82,967. Peterson said that Bitcoin's current price is close to the lower end of the historical seasonal range, emphasizing in his chart analysis that "the average duration of time Bitcoin is below the trend line is only 4 months, and the red dotted trend line points to the $126,000 target on June 1, which is highly consistent with the corrected outbreak rhythm of historical bull markets." The data shows that there have been five pullbacks of more than 20% in the current cycle since 2023, but each correction has been followed by a stronger rally. The bull market is not over yet, and it is only a short-term correction at the moment." Market observers generally believe that the enhanced linkage between Bitcoin and traditional financial assets may be affected by the volatility of U.S. stocks in the short term, but the unique deflationary properties and geopolitical hedging demand will make it out of the independent market by June.