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Bitcoin gets $126K June target as data predicts bull market comeback

cryptoweekly by cryptoweekly
March 16, 2025
in bitcoin, News
0

Bitcoin is around the corner from what is normally one of its two best months, and one prediction tool sees a return to BTC price discovery as a result.

Bitcoin (BTC) can hit new all-time highs by June this year if historical patterns repeat, network economist Timothy Peterson said.

Data uploaded to X on March 15 gives BTC/USD around two-and-a-half months to beat its $109,000 record.

Bitcoin has declined 30% after topping out in mid-January. The extent of the drop is characteristic of bull market corrections, and Peterson keenly senses the potential for a comeback.

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Recent Posts
  • Bitcoin in a post-Trump world worries hedge fund execs: Eric Semler
  • Bitcoin futures premium falls to 3-month low despite strong BTC ETF inflows
  • Reddit weighs World’s scanning orbs for user verification — Report
  • Thai SEC opens consultation period for token issuance rules
  • Crypto Biz: AI money rush could reshape digital asset industry
  • Norway’s government explores crypto mining ban amid energy supply concerns
  • Bitcoin’s $96B open interest shows role leverage plays in rallies, but there is a risk

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