Cryptocurrency
Bitcoin Price Could Hit $1 Million on February 1st 2028, New Model Suggests
CCN Markets reports, “Plenty of analysts have predicted a million-dollar bitcoin. But few have targeted such a specific date. By analyzing historical bitcoin price action, however, it’s estimated that BTC could hit $1 million on precisely February 1st, 2018. “The million-dollar target has been extrapolated from Timothy Peterson’s ‘Never Look Back’ analysis. “Peterson explains that bitcoin […]
CCN Markets reports, “Plenty of analysts have predicted a million-dollar bitcoin. But few have targeted such a specific date. By analyzing historical bitcoin price action, however, it’s estimated that BTC could hit $1 million on precisely February 1st, 2018.
“The million-dollar target has been extrapolated from Timothy Peterson’s ‘Never Look Back’ analysis.
“Peterson explains that bitcoin maintains an ever-growing ‘Never Look Back’ price. In other words, a price floor that is never breached as adoption grows…”