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.

Full article here: https://dailyhodl.com/2020/07/15/poll-shows-nearly-70-of-crypto-traders-believe-bitcoin-btc-will-breach-20000-by-2021/

Master Asked on July 16, 2020 in Bitcoin.
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