A decade of Bitcoin price data found that BTC price has a 75% chance of making new highs in the next 9 months. <\/p>\n
<\/span> 16357 <\/span> Total views <\/span><\/p>\n 13 <\/span> Total shares <\/span><\/p>\n<\/div>\n Bitcoin network economist Timothy Peterson maintains his optimistic outlook for BTC (BTC)<\/a>, suggesting that there is a 75% chance that the asset will hit new highs in the next nine months. <\/p>\n In a March 25 X post, Peterson highlighted<\/a> BTC\u2019s current position near the lower bound of its historical range. The analyst emphasized that Bitcoin\u2019s current path aligns with the bottom 25% threshold, giving it majority odds for a positive rally. <\/p>\n Bitcoin 10-year seasonality chart. Source: X.com<\/em><\/p>\n<\/figcaption><\/figure>\n Peterson said:\u00a0<\/p>\n \u201cHere is a 50% chance it will gain 50%+ in the short term.\u201d<\/p><\/blockquote>\n Peterson\u2019s statements follow an\u00a0earlier study<\/a>\u00a0that found that most of Bitcoin\u2019s annual bullish performance occurred in April and October, which have averaged 12.98% and 21.98%, respectively, over the past decade.<\/p>\n Bitcoin monthly returns. Source: CoinGlass<\/em><\/p>\n<\/figcaption><\/figure>\n Related: Bitcoin flips \u2018macro bullish\u2019 amid first Hash Ribbon buy signal in 8 months<\/strong><\/em><\/a><\/p>\n In a recent quicktake post on CryptoQuant, anonymous analyst Crazzyblockk said<\/a> that the realized price for short-term whales is $91,000, whereas most highly active addresses hold a cost basis between $84,000 and $85,000. <\/p>\n Bitcoin short-term whales position. Source: CryptoQuant<\/em><\/p>\n<\/figcaption><\/figure>\n A dip below the cost basis could trigger selling, making the $84,000 to $85,000 range a critical liquidity zone. <\/p>\n The analyst added:<\/p>\n \u201cThese 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.\u201d<\/p><\/blockquote>\n<\/picture><\/div>\n
Bitcoins Bitcoin onchain cost basis zone key investors\u2019 levels<\/h2>\n