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

BTC

BTC/USDT

$64,152.26

+1.17%

$64,152.26

+1.17%

(24s)

24h Volume

$11,053,433,434.65

24h H/L

$64,394.44 / $63,320.00

Change: $1,074.44 (1.70%)

Long/Short

60.4%

Long: 60.4%Short: 39.6%

Funding Rate

+0.0014%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,149.33

▲ 0.90%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$66,458.18

Resistance 1$64,178.06

Price$64,149.33

Support 1$62,853.70

Support 2$61,056.47

Support 3$59,130.91

Pivot (PP):$63,927.33

Trend:Downtrend

RSI (14):35.4

Cointelegraph Staff

(10:58 AM UTC)

1 min read

Reviewed bySarah Chen

1068 views

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.