{"id":566571,"date":"2021-04-22T15:04:14","date_gmt":"2021-04-22T12:04:14","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=566571"},"modified":"2021-04-22T15:04:14","modified_gmt":"2021-04-22T12:04:14","slug":"bitcoin-will-probably-reach-10m-in-our-lifetimes-btc-analyst","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/bitcoin-will-probably-reach-10m-in-our-lifetimes-btc-analyst\/","title":{"rendered":"Bitcoin Will Probably Reach $10M in our Lifetimes – BTC Analyst"},"content":{"rendered":"
Bitcoin and Crypto analyst, Timothy Peterson<\/a>, of Cane Island Alternative Advisors, has forecasted that Bitcoin<\/a> could reach $10 million in our lifetimes. According to his analysis, this puts Bitcoin’s reserves at almost two times the current global market thus explaining why so many governments and banks are pushing back against BTC<\/a>.<\/p>\n Mr. Peterson shared his analysis of Bitcoin through the following tweet and accompanying chart.<\/p>\n #Bitcoin<\/a> will probably reach $10 million in our lifetimes. This puts stated $BTC<\/a> reserves at almost 2x current global bond market. This is one reason you're seeing increased pushback by gov'ts and banks. See — Timothy Peterson (@nsquaredcrypto) April 11, 2021<\/a><\/p><\/blockquote>\n\n
"Estimating Bitcoin\u2019s…Max Price" @https:\/\/t.co\/aaCqAGEbFd<\/a> pic.twitter.com\/6rrOPSTZwa<\/a><\/p>\n