A mysterious currency was developed and introduced to the world a decade ago – Bitcoin. The only information about bitcoin’s creator that the world had was his/her/the organization’s name – Satoshi Nakamoto. Experts from all over the world have been theorizing the far-reaching value of bitcoin from the point of its existence.
Even though crypto suffered a massive hit in 2018, followers of bitcoin expected that a bitcoin will touch the $100,000 mark or may go up to millions if you retain it for long enough. In 2018 value of one bitcoin went down to $3,000 – a massive loss from its all time high position of $20,000.
According to a poll realized by the 21,000 followers crypto trader – MagicPoopCanon, investors think that bitcoin value will touch the value of $100,000 in a period of four years.
On February 26th, 2019 the MagicPoopCanon also stated:
“For my long term view, I see Bitcoin going to at least $100,000 within four years. I think it could even reach $150,000 in that time. Eventually I believe it could surpass $100,000. Where do you see BTC will go in long term? ”
Data revealed from the Twitter poll a large number of bitcoin followers are in the support of the words said by the MagicPoopCanon. Among them 42% of the followers believe that bitcoin will reach at the value of $100,000 to millions within four years. Whereas 30% of voters consider that leading crypto currency will reach above at its ever maximum value of $20,000 to $100,000. And only 13% of people think that its value will stay between $3,000 to $20,000. Another 15% think the value of bitcoin will decrease over the next four years.
These are the mere assumptions made by investors, the bitcoin community and expert traders . No one is assure but only time will tell that these assumptions will prove accurate or not. Why does this trader’s opinion matters? In May 2018, he posted a TradingView analysis that was pretty accurate and turned out to be true a few months later :
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