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Survey: 44% Predict Bitcoin Will Surpass $100,000 This Cycle

27.07.2024 18:00 1min. read Alexander Stefanov
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Survey: 44% Predict Bitcoin Will Surpass $100,000 This Cycle

A new CoinGecko survey found that 43.7% of respondents anticipate Bitcoin will exceed $100,000 during the current cycle.

The next most popular forecast, selected by 17%, is for Bitcoin to reach between $91,000 and $100,000.

Veteran crypto users are notably more optimistic, with over 50% of both second-cycle participants and experienced traders expecting Bitcoin to top $100,000. In contrast, only 35.2% of newcomers share this expectation.

Investors are the most bullish group, with nearly half predicting Bitcoin will surpass $100,000. Traders, builders, and spectators are less optimistic, with respective predictions of 33.9%, 32.6%, and 22.4%.

Ethereum’s price predictions were varied: 20.6% forecast it will exceed $10,000, while 19.2% expect it to peak around $5,000.

For Solana, 24.9% of respondents believe it will hit $300 this cycle, slightly above its previous peak, with 14.7% predicting a range of $300 to $400.

The survey, conducted from June 25 to July 8, included 2,558 participants predominantly from Europe, Asia, North America, and Africa. Of these, 69% were investors, 18% traders, 7% builders, and 6% spectators.

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