An economist's simulation suggests a 50% probability of Bitcoin reaching $140,000 in October, according to Coinotag. The model, which analyzes daily price data from 2015, incorporates historical volatility and October's seasonal trends. Bitcoin, currently priced at $122,032, requires a 14.7% increase to meet this target. Historically, October has seen average gains of 20.75% since 2013, as reported by CoinGlass. The forecast is purely data-driven and does not consider potential macroeconomic disruptions.
Economist's Model Predicts 50% Chance of Bitcoin Hitting $140,000 in October
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