1 week ago

Bitcoin price history suggests 77% odds of new all-time high within a year

Bitcoin price history suggests 77% odds of new all-time high within a year

Bitcoin reduces its drop from all-time highs to 35% in a move that sparked new BTC price all-time highs "within a year" on seven occasions in the past.

Bitcoin may have a roughly 77% chance of reaching new all-time highs within a year if historical BTC price patterns repeat.

Key points:

New research from network economist Timothy Peterson released on Tuesday shows what happens when BTC/USD claws back significant losses.

Read more

Source: Cointelegraph →