â¡ï¸ TEEKA TIWARI – Investment of the Decade: Bitcoin (BTC) is looking like it will hit $75,000 â” and that could happen âwithin weeks,â one analyst has found. Uploading a fresh BTC/USD price chart to Twitter on June 7, Cane Island Alternative Advisorsâ Timothy Peterson unearthed an uncanny similarity to Bitcoin in 2013. Tracking the Bitcoin price recovery from its lows of $3,600 in mid-March, Peterson noted that its recovery almost exactly tracked price action from seven years ago. The result, he argued, could keep up the copycat move: BTC topped out at $1,300 in 2013, and a similar 700% bull run at todayâs prices would give a target of $75,000. âThe 2020 bitcoin recovery has tracked the 2013a recovery almost perfectly. Are we
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