Analyst: BTC will reach $1.5 million in 10 years
According to a report by Cointelegraph, cryptocurrency analyst and economist Timothy Peterson stated that the price of BTC will reach a target of $1.5 million per coin, and it should be achieved within the next ten years. Timothy Peterson cited his own model, which uses network expansion as the core of BTC's future value proposition, and he predicted that the trading price of BTC/USD will increase 15-fold by the mid-point of the next decade. It is reported that Timothy Peterson had successfully predicted in 2020 that BTC would not fall below $10,000 again.
