Advertise
Bitcoin Price Could Hit A New All-Time High Within 90 Days
Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.
Analyst Timothy Peterson says he expects Bitcoin to set a new all-time high within 90 days. His reasoning is historical: every time Bitcoin has climbed from 50% below its peak back to 30% below, it has made a new high within 75 days, with a median of 24 days. He says the hit rate is 100% across all macro conditions, and that Bitcoin never fell to a new cycle low first. The 30% mark sits near $88,000. Peterson expects Bitcoin to pass it, probably later this month, and sees a new high as imminent after that. Bitcoin trades at $82,356.99, down 1.1% on the day and 3.2% on the week, and is 34.7% below its record of $126,080.
Was this writing helpful?
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
