Analysis: BTC May Rebound in Q1 Next Year, Current Trend Highly Resembles 2022 Bear Market
By: theblockbeats.news|2025/11/30 11:54:23
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BlockBeats News, November 30th, according to Cointelegraph, analyst Timothy Peterson stated that the current Bitcoin trend bears a high resemblance to the 2022 bear market. From a daily and monthly perspective, the correlation of Bitcoin's price action this year to 2022 is 80% on the daily chart and as high as 98% on the monthly chart. If history repeats itself, the true recovery of Bitcoin's price may not happen until the first quarter of next year.
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