Since Bitcoin’s downturn kicked off in October, the months that are usually known for strong bullish momentum didn’t live up to expectations 📉🤔
October and November — traditionally seen as “bullish months” — surprisingly moved lower, shifting investors’ focus toward February 👀📆
At this stage, well-known economist Timothy Peterson has highlighted February as one of the most stable and positive months for Bitcoin dating back to 2016 🚀📊
Peterson even went as far as calling February the real “Uptober” for Bitcoin 💥
According to his analysis, historical data strongly supports a genuine upward trend. He pointed out that the average return for the week ending February 21 has been around 8.4%, with Bitcoin closing nearly 60% higher during that same period 📈🔥
He also emphasized that February has consistently delivered an average weekly gain of about 7% for BTC — outperforming even October, which traders often label as Uptober 💰📈
Peterson believes this strength is driven more by macroeconomic forces than by crypto-specific factors 🌍🏦
That’s because mid-February is typically when companies release full-year earnings reports and present optimistic outlooks. This tends to boost investor confidence, encouraging higher risk appetite — and some of that capital often finds its way into Bitcoin 💼➡️₿
“An average weekly return of at least 7% during the two-week window from February 7 to 21!” 🚀📆
Beyond Peterson, Bitcoin researcher Sminston also remains strongly bullish on BTC over the long term 🐂
Using the Bitcoin Collapse Channel model, he suggests that Bitcoin’s peak price in 2026 could land somewhere between $210,000 and $300,000 💎💸
While the model doesn’t predict exact timing, he notes that these price ranges have proven to be historically reliable 📊✅ #BTC #bitcoin
