Bitcoin will hit $1.5M by 2035, says analyst who called 2024 bounce
Bitcoin network growth is set to take BTC price to seven figures within the next decade, says Timothy Peterson.
Bitcoin (BTC) has a new seven-figure prediction for the future as one of the industry’s best-known commentators doubles down on its bullish future.
In an X post on Jan. 8, network economist Timothy Peterson, author of the paper “Metcalfe’s Law as a Model for Bitcoin’s Value,” announced a $1.5 million BTC price target.
Citing his own model, which puts network expansion at the heart of Bitcoin’s future value proposition, Peterson predicted that Bitcoin would hit a giant $1.5 million per coin within 10 years.
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Author: William Suberg
