Bitcoin drop under $75K before April has under 10% chance: Analyst
Bitcoin’s pullback slightly increased the chance of it hitting $75,000 in the first quarter of the year, but the likelihood is still under 10%, says Derive’s Sean Dawson.
Bitcoin has a slight chance of dropping nearly 26% in the first quarter of 2025 to around $75,000, a crypto analyst says — but other crypto commentators are less confident about a fall.
Derive head of research Dr. Sean Dawson said in a Jan. 28 markets report viewed by Cointelegraph that the probability of Bitcoin (BTC) falling below $75,000 by March “has risen to 9.2%, up from 7.2% in the last 24 hours.”
Still, Bitcoin (BTC) moving closer to $100,000 has slightly bumped that probability.
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Author: Ciaran Lyons
