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Bitcoin Analysis

Analyst Predicts End of Bitcoin Bear Market with 20-40% Rally Ahead

Analyst Predicts End of Bitcoin Bear Market with 20-40% Rally Ahead

Cryptocurrency analyst Timothy Peterson believes that the ongoing Bitcoin bear market could soon be over.

Drawing historical parallels, Peterson predicts a 20-40% rally ahead as Bitcoin is likely to rebound in the coming months.

Historical Patterns Show Bear Markets Are Common

Since 2015, Bitcoin has experienced ten bear markets, each marked by a decline of at least 20% from its all-time high. While bear markets are common and occur roughly annually, Peterson notes that this current decline is relatively mild compared to previous ones, such as those in 2018, 2021, 2022, and 2024.

Strong Market Sentiment and Policy Shifts to Support Price

Peterson believes that Bitcoin’s price is unlikely to fall below $50,000, citing strong underlying market sentiment and the shifting approach of central banks toward more accommodative monetary policies. This makes a significant drop below $80,000 unlikely.

Anticipated Recovery Could Begin by Mid-April

Looking forward, Peterson predicts that the bear market could conclude within the next 90 days, with a potential short-term dip in the coming month. Following this, a recovery phase is expected to see Bitcoin’s price surge by 20-40%. This potential rally could attract renewed media attention, which in turn would encourage more investors to reenter the market.

Author
Editorial Team

Reporter at Coindoo

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