Bitcoin Could Rebound Strongly After Tariff-Induced Drop: Analyst Predictions

Recent volatility in the Bitcoin market may be more than a dip. Expert analyst Timothy Peterson predicts a potential 21% rally within the next week, based on historical patterns observed over the past decade. This follows October’s historically favorable performance for Bitcoin, which has seen an average return of around 20%, second only to November in recent years. Peterson points out that when Bitcoin experiences a sharp decline early in the month, it typically rebounds strongly within short timeframes – a pattern evident in past years, including 2017, 2018, and 2019.