[Analysis: BTC May Rebound in Q1 Next Year, Current Trend Highly Similar to 2022 Bear Market] BlockBeats News, November 30, according to a report by Cointelegraph, economic analyst Timothy Peterson stated that the current Bitcoin trend is highly similar to the 2022 bear market. From both daily and monthly charts, the correlation between this year and Bitcoin's 2022 daily chart is 80%, while the monthly chart correlation is as high as 98%. If history continues to repeat itself, the real rebound in Bitcoin's price may not occur until the first quarter of next year.