Bitcoin can reach $138K in 3 months as macro odds see BTC price upside

Bitcoin (BTC) faces “unprecedented” US dollar correlation as new BTC price research gives a $75,000 floor. In one of his latest analyses on April 18, network economist Timothy Peterson calculated that BTC/USD may rise as high as $138,000 within the next three months. BTC price probabilities give bulls the upper handBitcoin is navigating highly unusual macroeconomic conditions as a result of the ongoing US trade war, but history still offers clues as to where BTC price action may head next. For Peterson, the US High Yield Index Effective Yield, currently at over 8%, holds the key source: https://cointelegraph.com/news/bitcoin-can-reach-138k-in-3-months-macro-btc-price-upside?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound