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.
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