Will Bitcoin Hit $150K Before Retesting $100K? This Answer Narrowly Wins New Poll
Bitcoin (CRYPTO: BTC) surged to new all-time highs last week, and a new poll now gauges whether it will retreat to $100,000 or rally toward $150,000 next.
What Happened: Bitcoin reached an all-time high of $123,091.61 on July 14. The milestone underscored the optimism felt by investors ahead of what Congress members dubbed “Crypto Week,” in which several cryptocurrency-related bills are up for vote.
Bitcoin pulled back on Tuesday as the bills failed to gain traction in Congress, but it remains ahead of levels seen last week.
Benzinga recently polled its users on social media to ask where Bitcoin could trade next.
“With Bitcoin at record highs, what’s the more likely move from here?” Benzinga asked on its Instagram page.
The results were:
- Pulls back to $100,000: 47%
- Breaks out to $150,000: 53%
The poll found that a slim majority believe Bitcoin could continue to set new all-time highs and hit the $150,000 milestone first before returning to $100,000 or under six figures.
Benzinga also polled its …
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