Sep 26, 2025
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Bitcoin May Reach $200,000 by June 2026 with 50% Probability
Bitcoin's price has recently experienced a 6% weekly decline, but market expert Timothy Peterson remains optimistic about its future. He predicts a 50% chance of Bitcoin reaching an all-time high of $200,000 by June 2026.
Bitcoin Price Projections
- Peterson bases his forecast on the Median Bitcoin Yearly Price Path chart, suggesting an upward trend starting in October through June of the following year.
- An average monthly return of 7% is needed to reach the $200,000 target, equating to a 120% annual increase.
- Peterson outlines two bullish scenarios: one with a potential surge to $240,000 and another more conservative estimate at $160,000.
Market Dynamics and Economic Data
- Bitcoin and other cryptocurrencies like Ethereum, XRP, and Solana experienced downturns as investors anticipate Friday’s personal consumption expenditure (PCE) data.
- The PCE data, a key inflation measure for the Federal Reserve, could influence interest rate decisions, affecting crypto investments.
- A major deleveraging event occurred earlier this week, leading to a significant sell-off across the crypto market.
Maja Vujinovic from FG Nexus highlighted that recent liquidations were due to excessive leverage rather than weak market fundamentals. She suggests such "leverage washes" may lead to a healthier market foundation.
