According to economist Timothy Peterson, Bitcoin is pacing toward a new all-time high (ATH) of $107,000 within the next 3 to 6 weeks, based on historical recovery data from the NASDAQ and adjusted for Bitcoin’s beta.
Peterson’s chart draws a comparison between post-crisis NASDAQ recoveries (specifically March 2009 and April 2020) and Bitcoin’s recent price action.
When adjusted for Bitcoin’s higher volatility (beta = 1.33), the projection aligns Bitcoin’s current path with a rapid upside trajectory.
“Bitcoin is mirroring the NASDAQ’s recovery after the VIX hit 55,” Peterson notes — pointing to a period of historical bullishness that followed extreme market fear.
The orange line on the chart represents Bitcoin’s current performance, plotted against the NASDAQ’s past post-crisis trends.
If the pattern continues, the $107,000 target could be reached within roughly 50–70 trading days from the start of this rally — which aligns with a mid-to-late June window.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/bitcoin-on-track-for-new-all-time-high-within-3-6-weeks-says-analyst/