Bitcoin Faces Less Than 50% Chance Of Hitting $100,000 By December 31, Says A...

Bitcoin Faces Less Than 50% Chance Of Hitting $100,000 By December 31, Says A...

Bitcoin (BTC) is undergoing one of the most challenging periods of the year, with prices retracting nearly 30% from its all-time high of $126,000 reached last month. This decline has raised concerns about a potential bear market, fueling fears within the cryptocurrency community and among BTC investors. Despite this, a new AI-driven simulation by Bitcoin analyst Timothy Peterson offers a more tempered outlook. In a post on X (formerly Twitter), Peterson indicated that while the situation remains complicated, the simulation suggests that the bottom might have already been reached or could....


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