Analysts believe there's a possibility that Bitcoin could surge to $140,000 within the next few months. This prediction is based on the idea that history tends to repeat itself in the crypto market.

Here's a breakdown of the logic:

* In the 2013 cycle, Bitcoin prices peaked at around $1,130, but it wasn't until March 2017 that they surpassed that level again. However, within three months of breaking the record, BTC prices doubled.

* Similarly, when the 2017 all-time high of $20,000 was broken in December 2020, BTC prices doubled within a month.

Following this pattern, if Bitcoin's 2021 all-time high of $69,000 was truly the peak, then prices could potentially double to around $140,000 in the coming months.