Bitcoiners disagree on whether $94,000 or $114,000 would be the next target for BTC.✨✨✨✨✨✨✨
A recent poll on X shows that half of the participants are betting on Bitcoin rising to $114,000, while the other half expects it to fall well below $100,000.
Cryptocurrency users are divided on whether Bitcoin will reach a new all-time high or fall back below the key level of $100,000, as the market overall moves without significant changes, according to a recent poll on X.
Cryptocurrency experts asked what’s next for Bitcoin (BTC), $94,000 or $114,000, with a nearly even disagreement, where 50.2% predict a drop to $94,000 and 49.8% anticipate a rise to $114,000, according to the Thursday poll conducted by crypto analyst Matthew Hyland, who gathered over 1,300 votes.
The sideways market affects crypto sentiment
As of this writing, Bitcoin was trading at $104,522, and a drop to $94,000 would mark a decline of 10%, while a rise to $114,000 would mean an approximate gain of 9% and a new all-time high, surpassing the previous record of $111,940 set on May 22, according to data from CoinMarketCap.
Bitcoin has not touched the $94,000 level since May 6, just before it surpassed $100,000 again on May 8 for the first time in three months.