BTC price all-time highs are back on the table despite the highly challenging current macroeconomic environment, network economist Timothy Peterson suggests.
Bitcoin (BTC) faces “unprecedented” US dollar correlation as new BTC price research gives a $75,000 floor.
In one of his latest analyses on April 18, network economist Timothy Peterson calculated that BTC/USD may rise as high as $138,000 within the next three months.
Bitcoin is navigating highly unusual macroeconomic conditions as a result of the ongoing US trade war, but history still offers clues as to where BTC price action may head next.
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