Analysis: BTC has a 95% chance of not falling below $69,000, and the annual average price of $76,000 is considered an important support

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PANews
03-27
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PANews reported on March 27 that according to Polymarket prediction data analysis, Bitcoin (BTC) has a target price of $138,000 in 2025, which still represents about a 60% increase from the current price. The analysis points out that despite recent adverse factors affecting the crypto market, BTC's bull market cycle may reach this target before 2026.

Analysis shared by user Ashwin shows that BTC price predictions range between $59,000 and $138,600, with market sentiment being relatively conservative, mainly influenced by macroeconomic uncertainties such as US trade tariffs. Similar prediction platform Kalshi's average target price is $122,000, slightly higher than the current historical high point.

Additionally, market participants believe BTC needs to maintain key price areas to sustain the bull market, including the previous high of $73,800 and the 2021 peak of $69,000. Analysis tools indicate that BTC has a 95% probability of not falling below $69,000, and the annual average price of $76,000 is also viewed as an important support level.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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