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