ChainCatcher news reports that, according to Cointelegraph, crypto economist Timothy Peterson’s latest analysis indicates that Bitcoin still has structural upside potential during the current bear market correction: 50% of the past 24 months have recorded positive returns, suggesting a higher probability of a positive turning point within any 24-month cycle.
Based on this, Peterson estimates that the probability of Bitcoin being higher than its current level in the next 10 months is 88%. He emphasizes that this statistical model shows the market may be approaching a turning point rather than continuing to decline. Currently, Bitcoin is priced at approximately $68,173, down nearly 25% from its early-year high, erasing most of the gains made after the 2024-2025 US elections; the Crypto Fear & Greed Index has fallen to “Extreme Fear” at 9 points, social media Bitcoin sentiment has dried up, and market sentiment has become more neutral.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Analyst Ditches Bitcoin For Hedera: Why He’s All In On HBAR
A bold statement caught attention across crypto discussions after one analyst revealed he holds only HBAR and no Bitcoin at all. The comment came at a time when Bitcoin price still trades as the dominant force in the market, yet this view challenges that long-standing position.
The analyst
CaptainAltcoin12m ago
Watch out Bitcoin devs. Google says post-quantum migration needs to happen by 2029.
The crypto industry's reaction was that a quantum computing threat was still distant when Google unveiled its Willow quantum chip in December 2024.
Bitcoin uses SHA-256 for mining and ECDSA for signatures, both of which are theoretically vulnerable to quantum decryption, but the consensus was that
CoinDesk14m ago
Retail investors drive widespread bitcoin selling as prices fall
Glassnode's Accumulation Trend Score indicates widespread selling led by retail investors as Bitcoin dips below $67,000, primarily from those holding under 10 BTC, while larger entities hold back, showing neutral behavior.
CoinDesk19m ago
