AI Analysis Suggests Bitcoin Could Dip 15% by October But $100K is Possible in 2026

Timothy Peterson, founder and investment manager at Cane Island Alternative Advisors, believes that there’s a 50/50 chance that Bitcoin (BTC) could dip below $25,000 next month.

This is according to his latest BTC price outlook, which suggests that the crypto market might not be in the best of states.

It’s not surprising that people are looking for the best crypto Twitter accounts and top websites for crypto to get a better understanding of the market.

AI analysis is also becoming more and more popular, with AI being used to predict the future of the crypto market.

Web 3.0 is also known as ‘bad crypto’, as it’s not always good news for the crypto market.

BTC price may see “last big dip” in September

While Bitcoin bulls strive to break the $30,000 level, some popular traders and analysts have their eyes on lower levels.

Peterson, known for his technical acumen, now believes that the typical August and September performance could lead to a return to the $25,000 mark. Posting a chart of monthly performance statistics for BTC/USD on X (formerly known as Twitter), he concluded that a “last big dip” may hit before September is over. In other words, BTC price downside over the next six weeks or so could exceed 15%.

“There is a 50% chance that bitcoin will drop below $25,000 before the end of September,” the accompanying commentary stated.

As Cointelegraph reported, September is traditionally a “bad” month for crypto enthusiasts. Since 2017, BTC price action has finished the month lower than its starting price every year.

August, on the other hand, has a mixed record, with either modest gains or modest losses, with 2017 as a notable exception.

Bitcoin Lowest Price Forward says $100,000 by mid-2026

Doubling down on Bitcoin’s bullish outlook, Peterson asserted that the “Lowest Price Forward” metric — formerly known as a calculator of Bitcoin’s “never look back price” — could accurately predict a $100,000 BTC/USD by mid-2026 in less than 1,000 days.

The “Lowest Price Forward” metric had previously correctly predicted Bitcoin’s last ever visit to $10,000 in September 2020.

Despite a potential dip in 2022, Peterson remained confident in the prediction, noting in an X post on Aug. 8 that “Bitcoin’s price normally dips below the trend after a bear market.”