A leading economist has analyzed Bitcoin’s historical price performance during periods of high-yield rates exceeding 8%, a threshold currently being tested. Examining the data from 38 occurrences since 2010, Peterson found that Bitcoin typically saw a 71% average return over the following three months with a median gain of 31%. However, losses were comparatively minimal, reaching just 16% at worst. 2024’s market behavior suggests Bitcoin could trade between $75,000 and $138,000 within the next 90 days based on past trends. This potential price range is attributed to heightened correlations with the U.S. Dollar Index during times of tight liquidity, elevated real interest rates, and risk-averse sentiment.