Traders see all-time highs for BTC

09 Apr 2020

Bitcoin investors have nervously watched markets over recent weeks, since the coronavirus COVID-19 began spreading out of China, dropping to lows of under $4,000 per bitcoin from almost $10,000 in early March.

 

Now, despite bitcoin dropping by some 30% over the last 30-day period, survey results show bitcoin investors were upbeat at the beginning of the year, with most expecting the bitcoin price to soar to over $20,000 per bitcoin in 2020.

 

The average 2020 bitcoin price target cited by traders and investors was $22,866 per bitcoin, a survey of Kraken showed, up on bitcoin's all-time high of around $20,000.

 

Read the survey here: https://kraken.docsend.com/view/ni9ia2j

 

And you, are you optimistic?

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