Bitcoin is currently trading at $10,400 but analysts think the cryptocurrency is poised to slip lower. A majority of investors think that Bitcoin will end 2020 above $20,000. Bitcoin Will End 2020 Above $10,000, Investors Suggest in Poll
According 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.
Where is $BTC by the end of 2020?
— Chris Burniske (@cburniske) September 12, 2020
Many Think This Will Be The Case
Top 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: