Bitcoin Price Forecast: Could $138K Be Possible in 3 Months?

Bitcoin (BTC) faces unprecedented correlation with the US dollar, according to recent analysis by network economist Timothy Peterson. His research suggests that BTC/USD could reach as high as $138,000 within the next three months. This prediction stems from his observation of historical data showing how Bitcoin’s price has historically been positively correlated with the US High Yield Index Effective Yield, which is currently at over 8%.