New Twitter Poll Shows Almost 70% of Traders Believe Bitcoin Will Crack the 20,000 USD Mark by 2021
Cryptocurrency analyst PlanB set up a new Twitter poll which results show that the market experts believe that Bitcoin (BTC) will crack 20,000 USD mark in 2021.
The poll, which surveyed expert’s views on their thoughts on the anticipated price of Bitcoin over the next 12 to 18 months, shows that 69.6% believe that the cryptocurrency will see trading over the 20,000 USD mark by the end of 2021. However, at the moment 16.6% believe that Bitcoin will stay below its all-time high. The remaining 13.8% of the 13,339 experts that partook in the survey were unsure of the direction of Bitcoin’s price over the next year and a half.
In light of the outcome of the poll, PlanB says Bitcoin price will either surge to 14,000 USD in the short-term or his followers will be proved to have an overly bullish outlook for Bitcoin.
As Bitcoin coils in a balanced triangle going back to late 2017, numerous crypto experts believe that a major move is not that far away, however, the direction that it will take is still hotly discussed amongst them.
According to the fictitious expert known by the industry as Capo who said: Bitcoin may fall to as low as 1,000 USD in the months ahead, while Mike McGlone senior commodities expert at Bloomberg believes that Bitcoin will trade above the 20,000 USD mark before the end of 2020.
At the time of writing, the price of Bitcoin was 9,203.50, according to Coinbase.
