Economist Predicts 90% Chance of Bitcoin Reaching New All-Time High by March 2025🚀
Crypto expert Timothy Peterson has forecasted a 90% chance that Bitcoin will hit a new all-time high within the next 8 months, by March 2025. The prediction, shared on X, is based on Peterson’s innovative analysis, focusing on Bitcoin’s historical lowest prices, which he refers to as the "Never Look Back Price" (NLB).
Peterson, known for his book Metcalfe’s Law as a Model for Bitcoin’s Value, argues that as Bitcoin's user base grows, its value will rise exponentially. His approach uses a unique “square root time” model to track Bitcoin’s long-term growth, offering a conservative yet confident outlook on Bitcoin’s price potential.
By focusing on Bitcoin’s lowest historical prices, Peterson minimizes speculative risk and overvaluation, providing a more stable, long-term view. He concludes that as long as adoption continues, Bitcoin’s value will keep climbing.
