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Analysts from the Ecoinometrics platform have estimated that Bitcoin could recover to the $126,000 level in approximately 300 days, given its current decline of 45% from its all-time high.
According to their findings, a model based on historical cycles indicates that each additional 10% drop in price extends the timeline for returning to previous peaks by an average of 80 days.
The experts emphasized that this is not a direct price forecast. The assessment reflects the time parameters for recovery based on past market cycles.
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They believe that institutional investors maintain a cautious long-term optimism and anticipate a strengthening of growth in the latter half of the year.
Analysts also pointed out that for a sustainable upward trend to develop, support from macroeconomic conditions and investment demand is essential.
Their evaluation suggests that the current cycle features a higher proportion of large capital and a changed economic environment. Bitcoin’s dynamics are increasingly influenced by the monetary policy of major central banks and the level of global liquidity.
Previously, SkyBridge Capital’s managing partner Anthony Scaramucci indicated the possibility of Bitcoin’s growth resuming in the fourth quarter.
