Bitcoin Will End 2020 Above $10,000, Investors Suggest in PollAccording to a recent poll conducted by Bitcoin and crypto analyst Chris Burniske, a majority of cryptocurrency investors think BTC will end 2020 above $10,000. According to the poll, a mere 11.6% of the 1,400 respondents think that Bitcoin will end 2020 under $10,000. The rest think that the asset could end up anywhere from $10,000 to $17,500 and beyond.
Many Think This Will Be The CaseTop analysts think that this will be the case. According to Vinny Lingham, the chief executive of crypto startup Civic and a managing partner at Multicoin Capital, Bitcoin could hit $15,000 in the near future:
He added in a separate comment that once BTC turns $12,000 into support, the coin will be bullish on a macro scale:
Mike McGlone, a senior commodity analyst at Bloomberg, has been even more optimistic. He said that BTC is on track to hit $20,000 by the end of the year, citing the block reward halving and other factors:
A crash in the legacy market, though, could end up reversing Bitcoinβs bull trend.
Photo by Jan Huber on Unsplash Price tags: xbtusd, btcusd, btcusdt Charts from TradingView.com A Majority of Investors Think Bitcoin Ends the Year Above $10,000 Originally from Bitcoinist.com https://ift.tt/35vs8o5 |
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