{"id":94545,"date":"2026-02-22T15:06:17","date_gmt":"2026-02-22T12:06:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94545"},"modified":"2026-02-22T15:10:45","modified_gmt":"2026-02-22T12:10:45","slug":"bitcoin-closes-half-of-the-last-24-months-with-gains","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-closes-half-of-the-last-24-months-with-gains\/","title":{"rendered":"Bitcoin Closes Half of the Last 24 Months with Gains"},"content":{"rendered":"<p>Bitcoin ended positively in 50% of the last 24 months. Based on these data, economist Timothy Peterson estimated the probability of Bitcoin rising in 10 months at 88%.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-162ce1ad2e7bf247-6978088974619438.webp\" alt=\"image\" class=\"wp-image-275546\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/x.com\/nsquaredvalue\/status\/2025275842394251560?s=20\">X<\/a>.\u00a0<\/figcaption><\/figure>\n<p>According to his calculations, during the next rally, the leading cryptocurrency will increase by 82% from current levels \u2014 approximately to $122,000.<\/p>\n<p>According to <a href=\"https:\/\/www.coinglass.com\/today\">CoinGlass<\/a>, in 2025, digital gold showed positive dynamics in January, April, May, June, July, and September.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-fbb1460a8af651d1-6978088988442221.webp\" alt=\"image\" class=\"wp-image-275548\"\/><figcaption class=\"wp-element-caption\">Source: CoinGlass.<\/figcaption><\/figure>\n<p>Peterson uses this metric as an &#8220;unofficial indicator&#8221; to track Bitcoin cycles. It helps to identify trend change points.\u00a0<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-7c7ffc8a9574ec75-6978088985958049.webp\" alt=\"image\" class=\"wp-image-275547\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/x.com\/nsquaredvalue\/status\/2024880335041724418\">X<\/a>.\u00a0<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;The indicator measures frequency, not the degree of price change. Therefore, the asset can remain at the same level for several months, and the indicator will still decrease,&#8221; explained the expert.\u00a0<\/p>\n<\/blockquote>\n<h2 class=\"wp-block-heading\">Local Picture<\/h2>\n<p>According to analyst DurdenBTC, the share of Bitcoin supply in profit is at the zero percentile.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-e8deebf798742e74-6978089081100798.webp\" alt=\"image\" class=\"wp-image-275549\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/x.com\/DurdenBTC\/status\/2025388100256506057\">X<\/a>.<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;This is lower than in December 2018 at $3,359 (43% of supply in profit). Lower than during the COVID-19 pandemic at $4,959 (48%). Lower than after the FTX collapse at $15,778 (49%). [..] This is what happens when the entire cycle buys Bitcoin at the peak,&#8221; he added.\u00a0<\/p>\n<\/blockquote>\n<p>MN Trading founder Micha\u00ebl van de Poppe pointed to a &#8220;fascinating chart&#8221; \u2014 non-commercial traders, primarily hedge funds and institutional investors, have reduced their net short positions in Bitcoin to extremely low levels.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">A fascinating chart. <\/p>\n<p>Non-commercial traders, primarily hedge funds and institutions, are currently at one of their most extreme net long positions in <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> in the entire dataset. <\/p>\n<p>The red line has plunged deeply negative, meaning the &#8220;net short position&#8221; is at historic\u2026 <a href=\"https:\/\/t.co\/hX3qAd8lw9\">pic.twitter.com\/hX3qAd8lw9<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a href=\"https:\/\/twitter.com\/CryptoMichNL\/status\/2025463817434501454?ref_src=twsrc%5Etfw\">February 22, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Now, this class of traders holds a significant share of long positions in futures on digital gold. The last few times this occurred, markets experienced substantial rallies, noted the analyst.\u00a0<\/p>\n<p>CEO of Alphractal Joao Wedson emphasized that the buy\/sell pressure delta in Bitcoin remains negative.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Buy\/Sell Pressure Delta in BTC remains negative. \ud83d\udd34<\/p>\n<p>We will only turn bullish when it approaches 0, as that will signal a potential reversal to the upside.<\/p>\n<p>Until then, bears still maintain control over the price, and if this pressure continues, price is likely to decline\u2026 <a href=\"https:\/\/t.co\/eM3kAQpR9K\">https:\/\/t.co\/eM3kAQpR9K<\/a> <a href=\"https:\/\/t.co\/QjpFlVIEfE\">pic.twitter.com\/QjpFlVIEfE<\/a><\/p>\n<p>\u2014 Joao Wedson (@joao_wedson) <a href=\"https:\/\/twitter.com\/joao_wedson\/status\/2025349157431464445?ref_src=twsrc%5Etfw\">February 21, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In his view, the market will turn bullish only when the ratio approaches 0, signaling a potential upward reversal. Until then, bears will continue to control the price.<\/p>\n<p>Earlier, Bitwise&#8217;s Chief Investment Officer Matt Hougan <a href=\"https:\/\/forklog.com\/en\/news\/bitwise-cio-bitcoin-has-yet-to-hit-cycles-bottom\">stated<\/a> that in 2026, the leading cryptocurrency will begin to rise, but the shocking events of early February did not mark the final bottom for the asset.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin ended positively in 50% of the last 24 months. Economist Timothy Peterson estimated the probability of Bitcoin rising in 10 months at 88%.<\/p>\n","protected":false},"author":1,"featured_media":94546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin ended positively in 50% of the last 24 months. Economist Timothy Peterson estimated the probability of Bitcoin rising in 10 months at 88%.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1145],"class_list":["post-94545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"127","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin ended positively in 50% of the last 24 months. Economist Timothy Peterson estimated the probability of Bitcoin rising in 10 months at 88%.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94545"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94545\/revisions"}],"predecessor-version":[{"id":94547,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94545\/revisions\/94547"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94546"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}