Key Bitcoin Indicator Suggests $69K Is the New Bottom
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Bitcoin bull market momentum is due to return, but a “cooling off period” of up to three months may come first, Timothy Peterson says as he reveals a new BTC price floor.
Bitcoin has a 95% chance of staying above $69,000 forever, a classic BTC price forecasting tool says.
$69,000 BTC price has 95% chance of holding
Bitcoin remains highly sensitive to geopolitical decisions in 2025, last week hitting its lowest levels since November last year.
Despite misgivings over the future of the crypto bull run among some market participants, Peterson remains optimistic both on shorter and longer timeframes.
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