
Bitcoin Poised for New Highs: 75% Probability of Year-End Breakthrough, Says Timothy Peterson
Main Points: Introduction Bitcoin appears set for a significant rebound with a 75% probability of hitting new highs within the next nine months, according to Bitcoin network economist Timothy Peterson. In a recent post on X (formerly Twitter), Peterson pointed out that Bitcoin is currently trading within the lower 25% of its historical range—a condition that statistically favors an upward trend. Furthermore, he highlighted that there is a 50% chance