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@ Yahoo! News - by layer3.news
2025-03-06 16:00:18
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✍️ Bitcoin's price has dropped to its lowest level since November, but network economist Timothy Peterson predicts a new floor price of $69,000, citing his 'Lowest Price Forward' metric.
👉 Bitcoin's price has dropped to its lowest level since November
👉 Peterson's 'Lowest Price Forward' metric sets a new floor price of $69,000
👉 There is a 95% chance that Bitcoin will not fall below this level again
👉 Peterson's previous forecasts have been accurate
👉 The market is likely to experience a cooling-off period before resuming its growth
#TimothyPeterson #technology
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