The post Veteran Expert Says “We’re in a Bear Market” in Bitcoin, Reveals the Lowest Level BTC Price Will Fall to and the Bear Expiration Date appeared on BitcoinEthereumNews.com.

Cryptocurrency analyst Timothy Peterson has provided an in-depth assessment of what he describes as the current Bitcoin bear market, placing it in historical context and predicting a potential recovery within the next three months. Peterson noted in his statement that since 2015, Bitcoin has experienced ten bear markets, each defined by a 20% drop from its all-time high (ATH). While these declines are common (they occur roughly once a year), he noted that only four bear markets in the past have lasted longer than the current one: 2018, 2021, 2022, and 2024. Peterson also described the current downturn as relatively weak in magnitude. According to his analysis, Bitcoin’s underlying sentiment suggests that prices are unlikely to fall much below $50,000. He also noted that price momentum makes it difficult for Bitcoin to fall below $80,000, especially as central banks move toward looser monetary policies. Peterson, who predicted a timeline for recovery, suggested that the bear market would end within 90 days. He expects a potential price drop over the next 30 days, followed by a significant rally of 20-40% after April 15. He argued that this expected recovery could generate enough media attention to draw hesitant investors back into the market, pushing Bitcoin’s price even higher. *This is not investment advice. Follow our Telegram and Twitter account now for exclusive news, analytics and on-chain data! Source: https://en.bitcoinsistemi.com/veteran-expert-says-were-in-a-bear-market-in-bitcoin-reveals-the-lowest-level-btc-price-will-fall-to-and-the-bear-expiration-date/

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Filed under: News - @ March 23, 2025 10:23 am