After experiencing a recent correction, Bitcoin (BTC) is poised for potential recovery. Analysts predict a timeframe of 2 to 6 months for reaching new all-time highs, though forecasts remain divided. Despite the drop since hitting $126,200 on October 6th, some analysts are drawing parallels between historical price action, suggesting this correction aligns with Bitcoin’s historic recovery patterns. Bitcoin economist Timothy Peterson estimates a potential recovery to a new all-time high within these time frames, while AI simulations point towards less than a 20% probability of reaching $140,000 by year-end. Meanwhile, Galaxy Head of Research Alex Thorn revised his BTC target from $185,000 to $120,000, citing market maturity and the emergence of institutional participation and passive inflows. Analysts like Titan of Crypto offer a more diverse outlook, predicting a potential new all-time high near $130,000 by year-end but cautioning about a plunge below $70,000 by Q1 2026 based on Wyckoff distribution analysis. Bitcoin commentator Shanaka Anslem Perera argues that the recent correction might actually be paving the way for a parabolic phase, citing high underwater supply as a historical indicator of future rallies. Long-term holders currently control around 70% of Bitcoin’s supply and institutional activity through ETFs and stablecoin reserves suggests increased liquidity is building beneath the surface. Perera believes this structure mirrors previous pre-breakout conditions, with the next 180 days potentially marking the beginning of another explosive cycle. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.