Bitcoin price has 75% chance of hitting new highs in 2025 — Analyst

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Bitcoin price has 75% chance of hitting new highs in 2025 — Analyst - Coin Telegraph

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Source: CoinGlassRelated: Bitcoin flips ‘macro bullish’ amid first Hash Ribbon buy signal in 8 monthsBitcoin onchain cost basis zone key investors’ levelsIn a recent quicktake post on CryptoQuant, anonymous analyst Crazzyblockk said that the realized price for short-term whales is $91,000, whereas most highly active addresses hold a cost basis between $84,000 and $85,000.

Bitcoin 10-year seasonality chart.Source: X.comPeterson said, “Here is a 50% chance it will gain 50%+ in the short term.”Peterson’s statements follow an earlier study that found that most of Bitcoin’s annual bullish performance occurred in April and October, which have averaged 12.98% and 21.98%, respectively, over the past decade.Bitcoin monthly returns.

Traders and investors should closely monitor price reactions in these areas to gauge trend strength and potential reversals.”Related: BlackRock launches Bitcoin ETP in EuropeThis article does not contain investment advice or recommendations.