Jinxed it? Indicator Bets Bitcoin Won’t Fall Below $10K After August

Bitcoin (BTC) will never cost less than $10,000 again after August this year — according to a price indicator gaining popularity among investors.

In a tweet on June 2, Timothy Peterson of asset manager Cane Island Alternative Advisors drew attention to a watershed moment for the largest cryptocurrency.

Lowest Price Forward dictates $10K BTC floor

According to Lowest Price Forward (LPF), in just two months’ time, Bitcoin will see $10,000 per coin for the last time ever. 

LPF, which was previously known as the “never look back price,” makes price predictions for BTC/USD on a given date in the future. 

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