Bitcoin Short-Term Prediction: Why The Price Will Cross $140,000 By The End Of October

New Bitcoin (BTC) price forecasts suggest that the leading cryptocurrency could cross $140,000 before the end of ￰0￱ on historical data and advanced empirical modeling, a crypto analyst has confirmed that the probability of Bitcoin finishing the month above this key level appears increasingly ￰1￱ Price Set For Major October Rally According to a price prediction shared by crypto analyst and economist Timothy Peterson on X social media, Bitcoin’s trajectory in October appears ￰2￱ AI-based bootstrapped simulation chart also suggests that half of the month’s gains may have already been ￰3￱ Reading: Can The Bitcoin Price Explode To $200,000? The Gold Chart That Tells It All The empirical model, which draws on data from October 2015 to 2024, reveals a 50% probability that BTC could end the month above $140,000, representing a roughly 15% surge from current levels of around $121,000.

Additionally, the model indicates a 43% probability that the Bitcoin price will finish below $136,000 within the same time frame. Peterson’s chart displays observed daily prices leading into October 2025 and a projected range extending into early ￰4￱ model’s mean prediction, represented by the dashed blue line, suggests a gradual climb from the $120,000 range toward the $140,000 ￰5￱ 68% confidence interval remains comfortably positioned above $130,000 for much of the forecast ￰6￱ model also includes a 95% confidence interval, shown by the wider orange band, which highlights the full range of likely ￰7￱ suggests that Bitcoin has only a slight chance, about 5%, of finishing October below $110,000 and above $170,000.

Interestingly, Peterson noted in an earlier post that October has historically been one of Bitcoin’s strongest ￰8￱ analysis highlights that specific days within the month, including the 9th, 20th, and 28th, have been bullish 71% of the time, while the 29th has seen gains 78% of the time since ￰9￱ historical tendency of October surges lends additional weight to the analyst’s bullish Bitcoin price forecast, suggesting that recurring patterns could help propel the cryptocurrency to new all-time highs soon. Long-Term BTC Setup Supports Steady Growth Toward $200,000 In another report, Peterson presented a chart illustrating Bitcoin’s long-term price structure since ￰10￱ he clarified that he is not a proponent of traditional technical analysis, he emphasized his belief in repeating market cycle ￰11￱ chart depicts Bitcoin’s price movement within two parallel red trend lines, showing a consistent upward trajectory since the market ￰12￱ Reading: Here’s The Best Time To Buy Bitcoin As Impulse Wave Sets Path To $150,000 Within this framework, several green upward segments indicate recurring phases of rapid price ￰13￱ to this cyclical model, Bitcoin remains firmly within an established growth channel, projecting a potential rise toward $200,000 within the next 170 ￰14￱ assigned this bullish scenario a “better than 50/50 chance,” suggesting that current market structure and historical recovery patterns support the case of continued Bitcoin price appreciation well into ￰15￱ image from Pixabay, chart from ￰16￱