Huge Crypto Price Prediction Reveals Bitcoin Could Almost Double By 2023
— Bitcoin, Morning, Reveals, Huge, Owners, Wrote, Recession, Prediction, Double, Survey — 1 min read
Survey reveals average cryptocurrency user expects bitcoin price to bounce to around $38,000 over the next six months. Bitcoin BTC and cryptocurrency prices have collapsed through 2022, with the bitcoin price losing almost 70% from its all-time high set late last year. Survey of roughly 4,400 U.S. adults conducted by intelligence company Morning Consult that found the average crypto owner remains highly optimistic about a bitcoin rebound despite the recent price crash. Bitcoin and crypto holders are much more optimistic than the general public, with those who own bitcoin consistently predicting the price will be higher than it is. The researchers also warned that if those that have been invested for at least three years sell it could "incentivize" others to cash out, further pushing down the price. Source