Bitcoin network economist Timothy Peterson maintains his optimistic outlook for BTC (BTC), suggesting that there is a 75% chance that the asset will hit new highs in the next nine months.
In a March 25 X post, Peterson highlighted BTC’s current position near the lower bound of its historical range. The analyst emphasized that Bitcoin’s current path aligns with the bottom 25% threshold, giving it majority odds for a positive rally.
Bitcoin 10-year seasonality chart. Source: X.com
Peterson said,
“Here is a 50% chance it will gain 50%+ in the short term.”Peterson’s statements follow an earlier study that found that mo ..
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