Bitcoin (BTC) is in the face of the “unprecedented” correlation of the American dollar, because up-to-date BTC prices give 75,000 USD.
In one of yours The latest analyzes On April 18, the Timothy Peterson network economist calculated that BTC/USD may augment to USD 138,000 over the next three months.
Btc price probability is given to bulls with advantage
Bitcoin moves on highly unusual macroeconomic conditions as a result of a ongoing trade war in the USA, but history still offers tips on where the BTC price campaign can be guided.
In the case of Peterson, the high -performance indicator in the USA effective efficiency, currently at the level of over 8%, has a key.
“It happened 38 times since 2010 (monthly data)” – he concluded.
“3 months later: Bitcoin increased in 71%of cases. The median profit was +31%. If it fell, the worst loss was -16%.”
Due to the fact that the BTC/USD performance was skewed up, Peterson gave hope to people waiting for the rematch of all time since January.
“This probably puts Bitcoin from USD 75,000 to USD 138,000 in 90 days,” he concluded.
Bitcoin would have to provide 62% of profits during this period to reach this maximum level.
According to Cointelegraph, Peterson often contributes to BTC price forecasts in 2025, with one of its reserved tools, the lowest price, giving 95% chance of 69,000 USD in March.
DXY Bitcoin correlation will reverse negality
Paying attention to the dramatic fall of the American dollar index (DXY) thanks to the American trade tariffs, he predicted that his extraordinary positive correlation from BTC would end.
Related: The variability of Bitcoins prices “without
“This level of BTC-USD correlation is unprecedented. The relationship is not causal, but reflecting the conditions affecting both,” he explained.
“Historically the opposite, relations inverted in 2024, because both assets began to react to the same macro stressors: exacerbation of liquidity, high real indicators and global risk aversion. BTC will separate and augment when real gives drops + return of liquidity.”
DXY still remained below the Key 100 sign on April 18, according to data from Cointelegraph Markets Pro i TradingViewreflecting some of the lowest levels in the last three years.
Earlier, however, a separate analysis brought Bitcoin potential to directly use the dollar weakness in a way similar to the early Bull Run innings in 2023.
This article does not contain investment advice or recommendations. Each investment and commercial movement involves risk, and readers should conduct their own research when making decisions.
