Bitcoin (BTC), the world’s largest cryptocurrency, has surged to a 26-month high, reaching $52,000 and reigniting predictions of surpassing its previous all-time high (ATH) of $69,000.
The market has experienced a resurgence of bullish sentiments, fueled further by the recent adoption of Bitcoin spot exchange-traded funds (ETFs). These have spurred notable growth within just one month of approval by the US Securities and Exchange Commission (SEC).
Bitcoin Poised For A Major Breakout?
Investment manager and market expert Timothy Peterson, who recently made a bold claim on social media platform X (formerly Twitter), reinforces Bitcoin’s renewed optimism.
Peterson stated that Bitcoin had achieved an almost exact 100% gain in 180 days, a feat that has occurred 41 times since 2015. In 78% of these instances, Bitcoin reached even higher price levels.
Furthermore, Peterson’s analysis of historical data suggests that the average return for the next 180 days after such a gain was
We współpracy z: https://www.newsbtc.com/bitcoin-news/bitcoin-all-time-high-ahead-historical-pattern-signals-50-chance-of-reaching-100k-by-august/
