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A Famous Economist Shared His Bitcoin Price Prediction for 2 Months and 6 Months Ahead!
Cryptocurrency analyst Timothy Peterson, known for his bullish comments, predicted in his statement what the price of Bitcoin would be in two months.
According to the analyst's prediction, the price of BTC could reach $120,000 in two months. Peterson bases this prediction on the ETF fund flows in the United States. However, he also mentioned that the model he used generated a partially conservative estimate and that the price is 80% higher than the estimate.
According to Peterson, for the Bitcoin price to reach $120,000, fund inflows need to increase by 27% to reach $46 billion, which means a $10 billion increase. He argues that this amount can be reached within 60 days with current growth rates.
In addition, in a recent statement, the analyst claimed that the price of BTC could be $275,000 on June 13, 2025, 6 months from now.
At the time of writing this article, the price of BTC is trading around $97,000 and has lost approximately 5% in the past week.