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Bitcoin price metric that called 2020 bull run says $69K new bottom

cryptoweekly by cryptoweekly
March 5, 2025
in bitcoin, News
0

Bitcoin bull market momentum is due to return, but a “cooling off period” of up to three months may come first, Timothy Peterson says as he reveals a new BTC price floor.

Bitcoin has a 95% chance of staying above $69,000 forever, a classic BTC price forecasting tool says.

In a post to X on March 4, network economist Timothy Peterson revealed a new floor level from the “Lowest Price Forward” metric.

Bitcoin (BTC) remains highly sensitive to geopolitical decisions in 2025, last week hitting its lowest levels since November last year. 

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Recent Posts
  • Synthetix scuttles $27M Derive deal after community concerns
  • BlackRock’s Bitcoin ETF notches 2-week high inflow as BTC nears $112K
  • Bitcoin continues rally to surpass $110K for the first time
  • Pompliano-led crypto-focused SPAC gains 7% on Nasdaq after upsized IPO
  • Australian regulator asks High Court to allow appeal in Block Earner case
  • US lawmaker reintroduces bill amid pushback on Trump's crypto ties
  • VanEck to launch Avalanche ecosystem fund

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