Two Bitcoin price prediction polls, same outcome: $10K BTC is coming
— Investors, Prediction, Change, Conducted, Bitcoin, Outcome, Polls, Coming, Crypto, Survey — 1 min read
Bitcoin investors in China plan to buy the dip despite an ongoing market correction and a nationwide crypto ban. Survey of 2,200 people conducted on China-based social media platform Weibo found that 8% of would buy Bitcoin when its price hits $18,000. But a majority anticipated the price to fall even further with 40% saying they would buy BTC at $10,000. 60% of the net 950 respondents on Wall Street calling for a $10K Bitcoin price. Bitcoin has been forming a potential "bear flag" pattern that could result in a drop below $13,000 by September, data from Glassnode shows. On-chain activity shows that investors in the U.S. have been more bullish on Bitcoin versus their Asian counterparts since June 2022 Source