Analyst Predicts 75% Chance Bitcoin Price Will Reach New Highs in 2025
Bitcoin network economist Timothy Peterson remains optimistic about Bitcoin (BTC), estimating a 75% probability that BTC will reach new all-time highs within the next nine months.
Bitcoin Positioned for Potential Rally
In a recent post on March 25, Peterson highlighted Bitcoin’s current position near the lower bound of its historical range. According to his analysis, BTC is currently at the bottom 25% threshold of its historical price range, suggesting strong odds for a positive rally.
Peterson stated:
“Here is a 50% chance it will gain 50%+ in the short term.”
This prediction aligns with historical data showing Bitcoin’s strongest bullish performance typically occurs in April and October, averaging gains of 12.98% and 21.98%, respectively, over the past decade.
Critical Onchain Cost Basis Levels Identified
CryptoQuant analyst Crazzyblockk recently identified key onchain cost basis levels for Bitcoin investors:
- Short-term whales’ realized price: approximately $91,000.
- Highly active addresses’ cost basis: between $84,000 and $85,000.
A price drop below these critical levels could trigger selling pressure, making the $84,000–$85,000 range a significant liquidity zone. The analyst emphasized:
“These onchain cost basis levels represent decision zones where market psychology shifts. Traders and investors should closely monitor price reactions in these areas to gauge trend strength and potential reversals.”
Quick Summary
- Analyst Timothy Peterson sees a 75% chance Bitcoin will hit new highs in 2025.
- Historical data supports bullish performance in April and October.
- Critical investor cost basis levels identified at $84,000–$85,000.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
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