Bitcoin price predictions have failed many a number of crypto analysts, traders and investors in recent time, still enthusiasts are optimistic BTC will touch $100,000 and even millions of Dollars in the nearest future.
Bitcoin (BTC) Predictions: $100K, $1 million in Four Years?
A recent pool featuring close to 3000 individuals and conducted by popular cryptocurrency trader Magic Poop Cannon indicated that Bitcoin lovers are not giving up on the digital assets as 72% of those who partook in the pool showed confidence Bitcoin (BTC) will go beyond $20,000 as time goes on. In the same line, 42% of the respondents opined that BTC would touch $100,000 and $1 million, in the long run.
While this may appear a mere wish and prediction especially this crypto winter where some short time traders and investors have left the space, in December 2017, Bitcoin was trading around $20,000 before it eventually dropped to $3,250.
Magic Poop Cannon who organized the pool also showed optimism that Bitcoin (BTC) would go to $100,000 in four years at least, he also predicted that BTC could even reach $150,000 within that range.
With the look of things, the popular crypto trader said Bitcoin could even surpass $1,000,000.
Magic Poop Cannon is no new face in crypto prediction, 10 months ago, the crypto trader predicted that Bitcoin will touch $3,000, however, he was vilified for such a “pessimistic” prediction.
John McAfee/Sonny Singh Bitcoin (BTC) Price Prediction
Renowned software programmer and cryptocurrency pundit John McAfee has predicted that Bitcoin will touch $1 million by 2020. Also, Sonny Singh, the chief commercial officer at BitPay in an interview with Bloomberg said BTC has the potential to reach $15,000- $20,000 by Thanksgiving, 2019.
Furthermore, Fundstrat’s Sam Doctor and Tom Lee predicted that Bitcoin might hit $36,000, with a maximum of $64,000 and a $20,000 minimum by 2019.