Bitcoin To Reach $190,000 This Cycle, Michael Terpin Of Transform Group Says
Posted On November 20, 2024
Bitcoin (CRYPTO: BTC) could hit a benchmark price of $193,000 by the end of its current cycle, according to Michael Terpin, founder and CEO of The Transform Group.
What Happened: Terpin, who tied the projection to Bitcoin’s historical price movements and favorable macroeconomic conditions, also noted that the price could range between $200,000 and $300,000 if the environment improves further.
He was speaking at Benzinga’s Fintech Deal Day on Nov. 19.
At the event, he also announced the launch of his book “Bitcoin Supercycle,” which explains his “Four Seasons of Bitcoin” model, which shows how the price of Bitcoin moves in reliable …
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