Major Chinese Crypto Miners Expect Influx of New Bitcoin Buyers

Chinese crytpto miners expect new Bitcoin buyers post-halving and they’re not the only ones – 6 days and counting ’til the Halving!!!

Major Chinese Crypto Miners Expect Influx of New Bitcoin Buyers

“According to a poll by crypto services firm RockX on May 4, 57% of Chinese miners expect a large number of new Bitcoin buyers to join the market in the near future.

RockX claims to have polled 42 prominent Bitcoin miners and members of the Asian mining community. Respondents include F2Pool chief operating officer Yu Chao, TokenInsight partner Wayne Zhao, Pandaminer and OXBTC CEO Wilson Guo and Bitmain APAC head of sales Fan Xiaojun.

Over 71% of the respondents also believed that the market has regained its confidence in Bitcoin. Furthermore, 45% of respondents believe that in the next six months, Bitcoin’s price will be between $10,000 and $12,000, nearly 24% think it will stay around $10,000 with low volatility and over 14% believe BTC will be worth over $15,000.”

https://cointelegraph.com/news/major-chinese-crypto-miners-expect-influx-of-new-bitcoin-buyers

Master Asked on May 5, 2020 in Bitcoin.
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