Bitcoin To $100K? Benzinga Readers Predict If BTC Can Hit New Milestone Before End Of 2024
Leading cryptocurrency Bitcoin (CRYPTO: BTC) has soared in price since the 2024 presidential election and is nearing the $100,000 milestone.
Benzinga readers predict whether a six-figure price for Bitcoin can be reached before the end of 2024.
What Happened: It was only eight months ago when the cryptocurrency community and investors were celebrating Bitcoin passing the $69,000 milestone and setting new all-time highs.
Since the 2024 election, Bitcoin has set successive all-time highs, with some days seeing record levels surge by thousands of dollars.
On Wednesday, Bitcoin set another all-time high of $93,434.36 as the cryptocurrency has increased over 25% in the last week and is up over 110% year-to-date in 2024.
As Bitcoin’s price approaches the six-figure mark, Benzinga polled readers to gauge how close they think $100,000 is to being reached.
“Do you think Bitcoin will reach $100,000 by the end of 2024?” Benzinga asked.
The results were:
- Yes: 73%
- No: 27%
The majority of Benzinga readers think the $100,000 price milestone is within reach before the end of the year, with around a month and a half to go.
The poll was conducted on Monday …
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