RATE Group | Bitcoin (BTC) Price Is Expected to Surpass $100,000 in Five Years by Some Financial Advi…
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Bitcoin (BTC) Price Is Expected to Surpass $100,000 in Five Years by Some Financial Advi…

15 Jan Bitcoin (BTC) Price Is Expected to Surpass $100,000 in Five Years by Some Financial Advi…

Posted at 23:02h in Cryptocurrency News by

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Contents

  • From hero to zero 
  • Major hurdles  

According to this year’s Bitwise survey, four percent of US-based financial advisors expect the Bitcoin price to skyrocket above the $100,000 mark over the next few years. However, the majority of all survey participants believe that the leading cryptocurrency will be trading in the $7,000-$24,999 range. 


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From hero to zero 


About five percent of all responders predicted that the BTC price would witness at least a ten-fold increase. However, while some are incredibly bullish on Bitcoin, there are also those advisors who don’t believe that it will be able to survive during the next five years.


In fact, eight percent of all them are certain that the price of Bitcoin is going to zero within the next five years. 10 percent also predicted that…

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