Cryptocurrency economist Timothy Peterson believes that Bitcoin could reach $100,000 as early as February 2025 and challenges the idea of diminishing returns for the cryptocurrency. Peterson argues that Bitcoin's current price trend is consistent with previous trends and that a move above the established trendline could take it to $100,000 in the next 90 days. He also believes that even in a conservative scenario, Bitcoin could reach $100,000 by February. Peterson dismisses concerns about an impending drop in Bitcoin's value and believes it is not overpriced.



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