70% Of Crypto Traders Believe Bitcoin Will Break $20,000 By 2021
70% feel Bitcoin will break $20K by 2021 but I think it could easily happen before then:
Poll Shows Nearly 70% of Crypto Traders Believe Bitcoin (BTC) Will Breach $20,000 by 2021
A new Twitter poll initiated by cryptocurrency analyst PlanB reveals that majority of market participants believe that Bitcoin (BTC) will breach $20,000 in 2021.
The poll, which surveyed respondents’ thoughts on the projected price of Bitcoin within the next 12 to 18 months, shows that 69.6% think that the cryptocurrency will trade above $20,000 by the end of 2021. Meanwhile, 16.6% say BTC will remain below its all-time high. The remaining 13.8% of the 13,339 individuals who participated in the survey say they do not know the direction of Bitcoin’s price.
Based on the results, PlanB says BTC will either surge to $14,000 in the short-term or his followers will prove to be overly bullish.