Timothy Peterson, a Bitcoin network economist, maintains its positive BTC perspectives (BTC), suggesting that there are 75% chances that the resource will reach up-to-date Maksima over the next nine months.
In the post of March 25 Peterson Highlighted The current BTC position near the lower limit of its historical range. The analyst emphasized that the current Bitcoin path is in line with the lowest 25%threshold, which gives most opportunities for a positive rally.
10-year Bitcoin season chart. Source: x.com
Peterson said
“Here is a 50% chance that it will gain 50%+in a short period.”
Peterson’s statements after a previous study showed that most of the annual stubborn Bitcoin results took place in April and October, which over the past decade amounted to an average of 12.98% and 21.98%.
Monthly Bitcoin phrases. Source: Coumingss
Related: Bitcoin reverses the “macro stubborn” among the first signal to buy a hash ribbon in 8 months
Bitcoin oncain zone zone key levels of investors
In a recent Quicktake post on Cryptochan, an anonymous CRAZZYBLOCK analyst he said that the completed price for miniature -term whales is USD 91,000, while most highly lively addresses have a cost base from USD 84,000 to USD 85,000.
Bitcoin miniature -term whale location. Source: Cryptoquant
DIP below the cost base can cause sales, thanks to which a range from USD 84,000 to USD 85,000 is a critical liquidity zone.
Added an analyst,
“These levels of costs on the basis of decision zones based on the shifts of market psychology. Traders and investors should closely monitor price reactions in these areas to assess the strength of trends and potential reversal.”
Related: Blackrock introduces Bitcoin ETP in Europe
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.
