Cryptocurrency analyst Timothy Peterson has made some striking predictions about the price of Bitcoin (BTC). According to Peterson, there's a 50% chance Bitcoin will reach $200,000 by June of next 0 the chart he shared, the analyst shifted Bitcoin's annual seasonal cycle by six months, making bull market periods more 1 argued that Bitcoin's bull market lasts from October 11th to June 11th each 2 News: Bitcoin Voices in the Netherlands: There is Discussion About Establishing a BTC Strategic Reserve According to Peterson, BTC would need to achieve an average monthly return of 7% to reach $200,000 by 3 would equate to an annual increase of approximately 120%.
He also claimed that there's a strong possibility of reaching a new all-time high (ATH) in early 4 added a political note to his assessment, saying, “Will there be a government shutdown in the US next week? I hope 5 markets usually rise when the government shuts down.” *This is not investment 6 Reading: Market Prophet Timothy Peterson Shares Two Predictions for the BTC Price, Gives a Date – “$200,000…”
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