⭐⭐Famous Economist Shares Bitcoin Price Prediction for 2 Months and 6 Months From Now! ⭐⭐
The famous bull analyst of the cryptocurrency market, Timothy Peterson, made a new prediction about the price of Bitcoin. In his statement, he predicted that Bitcoin could reach $ 120,000 in two months.$BTC
Peterson stated that he based this prediction especially on the speed of ETF fund flows in the US. However, he added that the model he used was partially conservative and that the price could be 80% higher than the forecast predicted.
According to the analyst, in order for Bitcoin to rise to $ 120,000, ETF fund flows need to increase by 27% and reach $ 46 billion. In other words, an increase of $ 10 billion is expected. He emphasized that with current growth rates, this increase could occur in the next 60 days.
However, Peterson also made a longer-term prediction, claiming that the BTC price could reach $275,000 on June 13, 2025.
At the time of writing, Bitcoin is trading at $97,000 and has lost about 5% in value in the last week.
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