Crypto users are divided on whether bitcoin will grow at an all -time high or will fall down from a mark of $ 100,000 as the broad market is trading sideways sideways, according to a recent poll of X.
Crypto Pandits asked what is next for bitcoin (BTC) – $ 94,000 or $ 114,000 – Divided almost equally, predicting a decline of $ 94,000 and 49.8% with a decline of $ 114,000, expecting an increase of $ 114,000, According Crypto analyst Matthew Highland gathered over 1,300 votes for the pole on Thursday.
Skively the market takes a toll on crypto spirit
Bitcoin is currently trading at $ 104,522, and a decline of $ 94,000 will mark a decline of 10%, while an increase of $ 114,000 will mean about 9% profit and a new all-time high, to cross the last high of $ 111,940 set on 22 May. According For coinmarketcap data.
Bitcoin has not touched the level of $ 94,000 from 6 May, before it broke over $ 100,000 on 8 May for the first time in three months.
It comes on June 11 after the bitcoin is summarized after recovering $ 110,000, leading to new height expectations. However, rising geo -political stress – triggered by Israel launching Air strike on Iran last Thursday – Bitcoin fell to $ 103,000 due to bitcoin.
Stress is only increasing since then, With US President Donald Trump Iran’s call for Iran’s “unconditional surrender” and Iran’s supreme leader, Ayatollah Ali Khameni, was threatened.
The ongoing side value action has reduced the spirit of the overall crypto market. In his June 20 update, Crypto Fear and Greed Sequential Posted 54 out of 100 scores from “greed” back to “neutral”.
Extensive financial markets are also sideways
S&P 500 is also trading flat, and is 0.48% below June 18 in the last five business days, According For Google Finance Data.
Meanwhile, the shares of Michael Sirer’s strategy (MSTR) have declined by 2.43% in the same period and 10.74% in the last 30 days.
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However, US-based spot bitcoin views exchanges-traded fund inflows. 388.3 million dollar information recorded in funds To make it continuously eight on Wednesday Fresh capital day.
Bitcoiners are uncertain whether bear markets are still one thing
Siler said Bear market on 10 June Bitcoin will not return, but other analysts are not sure. Crypto trader racket capital recently Said“It is very likely that there will be one after this bull market.”
Some crypto analysts are betting that there will be business within bitcoin $ 130,000- $ 135,000 area in Q3,
Bitmex co-founder Arthur Hayes hopes To reach $ 250,000 for bitcoin by the end of this year.
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There are no investment advice or recommendations in this article. Each investment and business move include risk, and readers should conduct their own research while taking decisions.
