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Cryptocurrency News Articles
Can Bitcoin Reach $100K in February 2025? | Key Points | Oct. 25, 2024
Oct 25, 2024 at 07:24 pm
Bitcoin network economist Timothy Peterson predicts Bitcoin could hit $100,000 within three months, noting that the cryptocurrency's recent consolidation phase signals the start of a bull run.
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Bitcoin network economist Timothy Peterson predicts Bitcoin could hit $100,000 within three months, noting that the cryptocurrency’s recent consolidation phase signals the start of a bull run.
Here are his observations (shared in a Twitter post that is highlighted by Cointelegraph):
He also thinks a drop below $50,000 is becoming less likely. He also thinks the price path will happen regardless of who wins the U.S. elections.
What to make out from this statement: Petersen is not the first person to predict a $100,000 price point for Bitcoin. You make check out the following articles on BitPinas:
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