#BinanceEarnYieldArena Bitcoin enthusiasts have reason to be optimistic, as network economist Timothy Peterson suggests a 75% chance of BTC reaching new highs within nine months. He points out that Bitcoin is currently near the lower end of its historical range, hinting at a potential rally. Historically, April and October have been strong months for Bitcoin, with average gains of 12.98% and 21.98%.

Meanwhile, an anonymous analyst on CryptoQuant highlights a critical liquidity zone between $84,000 and $85,000. A dip below this range could prompt selling, making it a key area to watch for potential market shifts.