In accordance with Bijiie, Bitcoin is expected to potentially reach $140,000 by the end of the month, according to economist Timothy Peterson. After hitting a record high of $126,200 earlier in the week, Bitcoin traded around $122,000 in Asian hours on Wednesday. Peterson's AI-based simulation suggests a 50% chance of Bitcoin surpassing $140,000, while a 43% chance of falling below $136,000. The bullish momentum is driven by record ETF inflows and outflows from centralized exchanges, with BTC exchange balances hitting a six-year low. Meanwhile, Ethereum (ETH), XRP, and Solana (SOL) fell by 5% in the past 24 hours due to profit-taking.
Bitcoin Could Hit $140,000 by Month-End as Analysts Weigh Odds
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