Extra Than 40% of Crypto Trade Members Count on Bitcoin To Surpass $100,000 This Cycle: CoinGecko Survey

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A brand new CoinGecko survey reveals that about 4 in 10 crypto market members predict Bitcoin (BTC) to shatter the $100,000 worth stage.

CoinGecko polled 2,558 folks related to the digital asset trade, of whom 69% recognized as crypto buyers with primarily long-term holdings.

Round 18% of the respondents thought of themselves merchants with primarily short-term holdings, 7% recognized as builders and 6% thought of themselves “sidelined spectators.”

Practically 44% of the survey respondents stated they anticipated Bitcoin to exceed $100,000 this cycle, whereas 17% predicted BTC would land between $91,000 and $100,000.

Roughly 24% of the respondents consider the highest crypto asset will land between $76,000 and $90,000, and 15% assume Bitcoin will solely hit $75,000.

Of the completely different crypto members surveyed, the investor cohort was essentially the most optimistic, with 49.4% of them saying they believed BTC would surge previous $100,000 within the present cycle.

At time of writing, Bitcoin is buying and selling for $67,829.

The respondents have been much less bullish on Ethereum (ETH). Solely 20.6% of them consider ETH will surpass $10,000 within the present market cycle, and 19.2% consider the second-ranked crypto asset will solely attain $5,000.

At time of writing, Ethereum is buying and selling at $3,254.

As for the Ethereum rival Solana (SOL), CoinGecko says about 25% of respondents polled consider that the fifth-largest crypto asset by market cap will rally to $300 this market cycle. Solely 10.6% consider that SOL will skyrocket to $1,000.

Solana is value $181.95 at time of writing.

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