Bitcoin price is called 2020 Bull Run says 69 thousand dollars new bottom

Bitcoin says 95 % chance to stay over $ 69,000 forever.

in After x On March 4, the economist in the network, Timothy Peterson, revealed a new level of the scale “the lowest price forward.”

Peterson: The price of $ 69,000 from BTC has a 95 % chance to keep it

Bitcoin (BTC)) It is still very sensitive To geopolitical decisions in 2025, last week reached its lowest level since November last year.

Despite concerns about the future of encryption bull between some market participants, Peterson is still optimistic about the shortest and longest time frames.

Now, the lowest price forward, which is It was created in 2019It gives 69,000 dollars as a threshold that BTC/USD is unlikely to cross again.

“The lowest price does not tell you where Bitcoin will be. I tell you that Bitcoin will not be.”

“There is a 95 % chance that it will not be less than $ 69,000.”

The lowest front price has an impressive history, albeit short. In June 2020, Peterson expected that Bitcoin would not reconsider the prices of four numbers of August of that year on the end-which is at the end. Stabilize correctAnd taking into account a delay barely two weeks.

In January this year, Peterson threw a $ 1.5 million targeted BTC price Over the next ten years. At that time, BTC/USD was trading about $ 92,000.

“The year 2035. Bitcoin – and you can adhere to this – $ 1.5 million. And somewhere he asks someone” is now a suitable time to buy Bitcoin? “

Bitcoin may last 3 months

Constant, Peterson Proposal The last trip to $ 78,000 was not sustainable.

Related to: Bitcoin is no longer a “safe haven” as it leaves the price of 82 thousand dollars

In late February, he argued that it would be “difficult” to force the market at less than 80,000 dollars, based on the Bitcoin price to the direction scale.

More analysis x She admitted that a rapid return to the high price of BTC may take some time.

“Surrendering events are always following today 2-3 months cooling period,” and reads a post from February 25, when the long liquidation series was already in progress.

“After that, the game again became like anything that has never happened.”

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.