Bitcoin Monte Carlo Simulation: $116K Worst-Case, $5.8M Best-Case by 2034
Photo: Coinpedia
The Monte Carlo simulation predicts Bitcoin will reach a high of $ 5.8 M by year-end 2033 and a low of $116K in Dec 2028. The second model incorporates the new derivatives and ETF variables that didn't exist before 2018. Watch Wednesday's Fed report and ETF flows as the next major drivers of BTC's near-term price. Two analysts have run two related Monte Carlo simulations for Bitcoin. The results show a high likelihood of Bitcoin (BTC) valuation rising to over $5 million between 2033 and 2034.
Source: Coinpedia
