$BTC eyeing $140K?
By Maxime Laurent · 2025-10-08 17:04
$BTC eyeing $140K? History says oui.
Economist Timothy Peterson sees a 50% chance of that this month. 📊🔥
Peterson’s model — based on hundreds of data simulations since 2015 — gives $BTC a 50% probability of breaking $140,000 in October. Sounds wild, but it fits the math: that’s about a 20% monthly gain, right in line with Bitcoin’s historical “Uptober” averages.
What’s pushing the rally? New buyers. In the last quarter alone, short-term holders added 559,000 $BTC to their bags — that’s serious fresh blood in the market. Still, $BTC isn’t without risk: analysts at Glassnode see weak support between $121K–$120K, with a stronger base near $117K, where 190,000 coins last changed hands.
So yeah, the numbers whisper “bullish,” but this is still Bitcoin — one tweet, one macro move, and the tide can turn fast. For now, I’m keeping my espresso close and my stop-loss closer. ☕️📈
#Bitcoin #BTC #Crypto #Uptober #Markets #Trading #Glassnode #Analysis
Economist Timothy Peterson sees a 50% chance of that this month. 📊🔥
Peterson’s model — based on hundreds of data simulations since 2015 — gives $BTC a 50% probability of breaking $140,000 in October. Sounds wild, but it fits the math: that’s about a 20% monthly gain, right in line with Bitcoin’s historical “Uptober” averages.
What’s pushing the rally? New buyers. In the last quarter alone, short-term holders added 559,000 $BTC to their bags — that’s serious fresh blood in the market. Still, $BTC isn’t without risk: analysts at Glassnode see weak support between $121K–$120K, with a stronger base near $117K, where 190,000 coins last changed hands.
So yeah, the numbers whisper “bullish,” but this is still Bitcoin — one tweet, one macro move, and the tide can turn fast. For now, I’m keeping my espresso close and my stop-loss closer. ☕️📈
#Bitcoin #BTC #Crypto #Uptober #Markets #Trading #Glassnode #Analysis
Disclaimer: This content is for informational purposes only and not financial advice.