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

BTC

BTC/USDT

$63,064.25

-0.06%

$63,064.25

-0.06%

(24s)

24h Volume

$2,976,173,764.76

24h H/L

$63,390.00 / $62,968.45

Change: $421.55 (0.67%)

Long/Short

68.8%

Long: 68.8%Short: 31.2%

Funding Rate

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,100.90

▲ 0.02%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,100.90

Support 1$62,993.17

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.3

Cointelegraph Staff

(10:58 AM UTC)

1 min read

Reviewed bySarah Chen

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.