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Bitcoin price history suggests 77% odds of new all-time high within a year

The Cointelegraph ​

Cryptocoins News / The Cointelegraph ​ 334 Views

Bitcoin price history suggests 77% odds of new all-time high within a year

Bitcoin reduces its drop from all-time highs to 35% in a move that sparked new BTC price all-time highs "within a year" on seven occasions in the past.

Bitcoin may have a roughly 77% chance of reaching new all-time highs within a year if historical BTC price patterns repeat.

Key points:

New research from network economist Timothy Peterson released on Tuesday shows what happens when BTC/USD claws back significant losses.

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