Famous economist, “Bitcoin will not fall below $ 69,000,” he said, now the next 10 days shared the price forecast!

Crypto para Timothy Peterson, one of the well -known economists in the world, said in a statement Bitcoin He made an interesting estimate of the course of the price in the next 10 days.

Peterson predicts that the price of Bitcoin will drop to $ 70,000 in the next 10 days, according to a graphic model it creates. Analyst said that this graph examined the expected movements of BTC price according to the data.

According to Peterson, this price estimation may be valid if the 75th percentage of the graphic market range continues to follow the road. Analyst argued that this price level would also point to a bottom level.

Evaluating the possibility of $ 50,000 in 10 days, the analyst thinks that this is a probability of 1 in 350, but warns that it is not possible.

Peterson, in an analysis he shared last month, also evaluated where the price of Bitcoin would not fall below. According to the analyst, the price of BTC will not fall below $ 69,000 with 95 %probability. Peterson referred to these thoughts last month in his latest analysis and argued that the estimation of $ 70,000 was also suitable for previous evaluations.

*It is not an investment advice.