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via Cointelegraph · By Cointelegraph Staff

Can Bitcoin Hit New Record Highs 'Within A Year?' Odds Favor BTC Bulls

BTC

BTC/USDT

$64,635.84

+0.40%

$64,635.84

+0.40%

(24s)

24h Volume

$4,943,377,591.30

24h H/L

$64,940.51 / $64,263.03

Change: $677.48 (1.05%)

Long/Short

64.0%

Long: 64.0%Short: 36.0%

Funding Rate

+0.0023%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,684.01

▲ 0.48%

Volume (24h): -

Resistance Levels

Resistance 3$70,467.59

Resistance 2$66,379.48

Resistance 1$65,295.47

Price$64,684.01

Support 1$64,050.00

Support 2$62,975.21

Support 3$61,824.97

Pivot (PP):$64,220.09

Trend:Uptrend

RSI (14):52.1

Cointelegraph Staff

(10:58 AM UTC)

1 min read

Reviewed bySarah Chen

1068 views

0 comments

Bitcoin (BTC) has a nearly 80% chance of hitting new all-time highs by 2027 if BTC price history repeats.

Key points:

Bitcoin reduces its drawdown from all-time highs from 50% to 35% with its rebound to $80,000.
History shows that new all-time highs have come within a year during similar events.
The Buffett indicator could be calling Bitcoin's new $160,000 record highs in advance.

BTC price drawdown…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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