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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
  • Ether clocks ‘insane’ 20% candle post Pectra — a turning point?
  • Metaplanet is raising another $21M through bonds to buy more Bitcoin
  • Bitcoin accepted at fast food chain Steak ’n Shake from May 16
  • Solana lacks ‘convincing signs’ of besting Ethereum: Sygnum
  • Apple makes progress toward its first pair of smart glasses: Report
  • AI decentralized apps are coming for the Web3 throne: DappRadar
  • Zerebro dev is reportedly alive and at parents’ house: SF Standard

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