Cryptocurrency analyst and investor Tuur Demester gave a $1 million price target for Bitcoin (BTC).
Tuur Demeester on social media dated February 2 in the postincluded an image of a model that would take Bitcoin to $1 million. Based on this long-term model, the analyst argues that Bitcoin $1 million by the end of summer 2028 While giving space within his reach, he still maintained his hesitant attitude:
Will Bitcoin reach $1 million after the summer of 2028? I don’t know, but I do know that every good pattern (like here) is doomed to be broken by the market maker.
Stating that this expectation is a reasonable one no matter what, Tuur Demester reminded him of the possible risks of investing on a single indicator.
According to CoinGecko data, in the last 24 hours 0.2% Bitcoin, which is on the rise, at the time of writing from $43,100 is being traded.
