Odaily Planet Daily analysis indicates that Bitcoin's weak price performance is likely to turn into "positive but less volatile" activity in the coming months. Based on historical performance, Bitcoin could reverse its recent decline and reach a new all-time high within the next four months, making the outlook for Bitcoin relatively positive between now and Christmas. Analyst Timothy Peterson noted that Bitcoin has risen 70% of the time in the four months leading up to Christmas, with an average gain of +44%. This average upside would bring the price to $160,000. (Cointelegraph)