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Crypto Investors Call Bitcoin at $100,000 to Millions: Bitcoin, Ethereum, XRP Price Analysis

by Daily Hodl Staff
March 1, 2019
in Trading

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.

Source: Coin360

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

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Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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