March 6, 2025

Bitcoin price metric that called 2020 bull run says $69K new bottom

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Bitcoin bull market momentum is due to return, but a “cooling off period” of up to three months is due first, Timothy Peterson says as he reveals a new BTC price floor.

Bitcoin (BTC) has a 95% chance of staying above $69,000 forever, a classic BTC price forecasting tool says.

In a post to X on March 4, network economist Timothy Peterson revealed a new floor level from the “Lowest Price Forward” metric.

Bitcoin remains highly sensitive to geopolitical decisions in 2025, last week hitting its lowest levels since November last year. 

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