Bitcoin’s Next Move: $105,000 Or $85,000? Poll Finds Over 60% Say…
The price of Bitcoin (CRYPTO: BTC) has soared in 2024 thanks to several catalysts including Bitcoin ETFs, more companies acquiring the cryptocurrency and expectations for a more pro-crypto White House administration with Donald Trump winning the 2024 presidential election.
As Bitcoin dips below the $100,000 level, Benzinga readers predict whether new all-time highs will be hit next or a further dip to $85,000.
What Happened: Bitcoin has reached several new all-time highs since the 2024 presidential election in November, passing the $80,000 and $90,000 levels and recently clearing the $100,000 level.
The leading cryptocurrency hit an all-time high of $103,900.47 on Dec. 4 and spent several days above the $100,000 milestone.
Since then, Bitcoin has fallen and has struggled to pass the milestone again. Benzinga recently asked readers which price milestone they think Bitcoin will hit next.
“Which level is Bitcoin more likely to reach next: $105,000 or $85,000?” Benzinga asked.
The results were:
- $105,000: …
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