The post Bitcoin Price Analysis: Exploring $75,000 to $138,000 Range Amid Unusual Macroeconomic Conditions appeared on BitcoinEthereumNews.com.

The landscape for Bitcoin (BTC) is looking interesting as recent analyses indicate potential price surges despite ongoing macroeconomic hurdles. Timothy Peterson, a well-known network economist, highlights that current BTC market conditions are unprecedented, suggesting a significant correlation with the US dollar and a possible price floor of $75,000. “This has happened 38 times since 2010 (monthly data),” Peterson detailed in his analysis. “3 months later: Bitcoin was up 71% of the time. The median gain was +31%. If it went lower, the worst loss was -16%.” Historic Patterns Suggest BTC Price Resilience According to Peterson, historical patterns in the market provide a optimistic outlook for Bitcoin’s price trajectory. Amidst the complexities of the US trade war, he notes that BTC has often thrived under similar conditions. Specifically, the US High Yield Index Effective Yield, which is currently over 8%, is a critical factor informing his forecast. Bitcoin’s price action shows significant potential for upward movement, with the historical data backing this assertion. Peterson indicates that BTC could achieve substantial gains: Bitcoin has risen 71% of the time following similar yield conditions. The median Bitcoin price increase was +31% during those periods. In the rare event of decline, the worst loss fell to -16%. Impending Shift: BTC Correlation with the US Dollar Index Peterson also anticipates a significant shift in Bitcoin’s market behavior as the correlation with the US Dollar Index (DXY) alters. Traditionally, BTC and DXY have exhibited an inverse relationship, but 2024 marks a turning point where macroeconomic factors intertwine their pricing actions. “Historically inverse, the relationship flipped in 2024,” Peterson explains. As both Bitcoin and the dollar respond to tightening liquidity and heightened global risk aversion, he projects BTC will eventually decouple, potentially aligning with predictions of a bearish dollar environment: Bullish stance if liquidity returns and real…

---

Filed under: News - @ April 19, 2025 1:16 pm