A new Twitter poll from the peculiar crypto analyst MagicPoopCannon finds that 72% of respondents say they think the price of Bitcoin will surpass $20,000, with 42% calling Bitcoin’s rise above $100,000 and into the millions.
MPC has a thriving audience of 53,200 followers on TradingView and accurately predicted Bitcoin’s price drop from $6,000 to $3,000 in May of 2018, six months before it happened. He now says the bottom is in, and expects Bitcoin to rise to $100,000 to $150,000 in four years or less.
The results are in! 42% of the 3,000 voters think BTC will reach into the $100,000 to Millions range, and 72% think BTC will surpass $20,000. Very nice. ? https://t.co/85JxiXcYj9
— MAGIC (@MagicPoopCannon) February 27, 2019
Right now, Bitcoin is down 0.47% at about $3,854, according to the latest data from Coin360. Ethereum is also moving lower, down 0.92% at $135.98. XRP, Litecoin, Binance Coin and Stellar are in the green.
Technical analysts are taking a wait-and-see approach on Bitcoin, with CoinDesk anticipating a “decisive price move” in the short term.
Bitcoin
CoinDesk – Bitcoin awaits decisive price move as trading range tightens
FXStreet – A make or break situation for BTC/USD
Coinnounce – Bitcoin ready to spike over $4,000?
Ethereum
FXStreet – ETH/USD a possible sitting duck – confluence detector
NewsBTC – ETH could make Sustained move higher
CoinCodes – Ethereum remains in a bullish trend in the long term
XRP
NewsBTC – XRP signaling bullish bias above $0.3200
FXStreet – XRP/USD near-term vulnerabilities remain
Cointelegraph – Positive signs against the US dollar and Bitcoin
[the_ad id="42537"] [the_ad id="42536"]