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Crypto analyst issues shocking Bitcoin prediction based on historic trends originally appeared on TheStreet.
Bitcoin is once again flirting with its July 14 all-time high at $123,091.61, trading at $120,178.37 as of writing.
The asset has seen quite a pump in its price on Aug. 11, reaching a 24-hour high of $122,321.1 before consolidating to the $120,000 mark.
The current price is nearly 5% up over the week, but only 3% over the month. As per Bitbo, the Bitcoin Volatility Index indicates that Bitcoin has been moving in a relatively quiet range compared to the beginning of the year. The most recent estimate of 30-day volatility is 1.10% and the 60-day reading is 1.29%.
Even with price spikes and pullbacks during the day, all of the price movement shows that Bitcoin has generally behaved more moderately than during periods of high volatility before, and particularly in 2025.
In 2011, Bitcoin's 30-day volatility stood at 8.26%, while in 2025, it stands at 1.10% —a drop of about 86.7% in over 14 years.
While BTC's price has been solid over the week, analyst Benjamin Cowen warns that a bear market might be in the cards in September. On Aug. 11, Cowen explained that a historical chart highlights Bitcoin's price after every halving, and in all the studies he pointed out, a price pattern forms through a cycle.
Cowen believes this pattern occurs in every post-halving year, like 2025, that Bitcoin has had since its inception in 2009. This shows a rhythm that all market participants might want to pay attention to.
Bitcoin's recent price movement is reminiscent of the "up in July-August" phase, leaving traders to speculate if September will deliver the anticipated pullback before a rally in the fourth quarter.
While we can't rely on historical patterns to predict future outcomes, the closeness to an all-time high and growing institutional demand are definitely adding to bullish sentiment.
Disclaimer: This content is for informational purposes only and does not constitute financial advice. Please do your own research before investing or trading.
Crypto analyst issues shocking Bitcoin prediction based on historic trends first appeared on TheStreet on Aug 11, 2025
This story was originally reported by TheStreet on Aug 11, 2025, where it first appeared.
