Timothy Peterson: "Bitcoin will reach a new all-time high in March 2025"

This paper, first published in 2019 and subsequently revised, presents a new approach to understanding bitcoin's price performance based on its historical lowest levels, called the "price that never looks back" (NLB).

According to the analyst, this model indicates that the value of bitcoin will grow exponentially as its user base expands. At the same time, Timothy Peterson emphasized that if the introduction of the first cryptocurrency encounters difficulties, then the bitcoin rate will start to stagnate or fall.

Earlier, MicroStrategy co-founder Michael Saylor said that bitcoin has not only practical but also spiritual value.