#TRXETF The price of Bitcoin could reach USD 138,000 in 3 months

Historical highs for the price of BTC are back on the table despite the current challenging macroeconomic environment, suggests economist Timothy Peterson.

The price of Bitcoin could reach USD 138,000 in 3 monthsMARKET NEWS

Bitcoin faces an "unprecedented" correlation with the US dollar, while new research on the price of BTC establishes a floor of USD 75,000.

In one of his latest analyses on April 18, network economist Timothy Peterson calculated that BTC/USD could rise to USD 138,000 in the next three months.