Bitcoin's future is looking bullish with a bold prediction from network economist Timothy Peterson. He forecasts that Bitcoin could reach $1.5 million per coin within the next decade, driven by network expansion. Peterson, known for his 2018 paper on Metcalfe’s Law, believes traditional currency models fall short in explaining Bitcoin's value.

Meanwhile, market sentiment remains mixed. Some analysts anticipate further price dips, with potential corrections down to $86.5k or even $77.9k. As always, investors are advised to do their own research before making any decisions.