Analysts expect BTC crash to bring best buying opportunity if historic pattern repeats

If past historic patterns repeat, the current Bitcoin (BTC) crash could bring the best buying opportunity, Cointelegraph reported, citing analysts. André Dragosch, Head of Research at Bitwise Europe, pointed out that since 2010, BTC has historically seen a drop amid geopolitical crises before posting an average rally of 64.6% within 50 days, with a median rise of 17.3%. This suggests that the recent escalation of military tensions in the Middle East due to the Israeli-Iranian war could provide a great buying opportunity for BTC. Historical patterns show that BTC's rebound peaks 30 to 40 days after the geopolitical event that triggered the dip. In other words, a BTC surge could begin in the coming weeks, according to the news outlet.