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Bitcoin can still hit $160K by Christmas with ‘average’ Q4 comeback
Bitcoin faces average gains of 44% by Christmas as analysts play down the impact of a deeper BTC price correction. Research from network economist Timothy Peterson, released on X this week, predicts “positive” performance for BTC/USD in Q4. Bitcoin traditionally sees its weakest gains in September, a month that BTC/USD has never finished more than 8% higher. Despite that, Peterson, who regularly compares performance over multiple bull markets, remains optimistic. “Exactly Four Months Until Christmas. How does Bitcoin fare during this time? Up 70% of the time. Average gain +44%,” he summarized. That average ... (full story)
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