Institutional investors predict strong year for Bitcoin - 65 % expect BTC $ 100,000, survey shows - markets and prices

A new survey shows that institutional investors expect "a strong year for Bitcoin" and are confident with regard to the long -term assessment of cryptocurrency. In addition, 65 % of the institutional investors surveyed agree that Bitcoin could reach $ 100,000.

"strong year for Bitcoin"

nickel Digital Asset Management published the results of a survey from which it can be seen how highly institutional investors expect the Bitcoin price. The investment manager based in London is registered with the British Financial Conduct Authority (FCA) and the US Commodity Futures Trading Commission (CFTC).

The survey commissioned by Nickel and carried out by the market research company Pure Profile surveyed 200 institutional investors and asset managers in the USA, Great Britain, Germany, Singapore, Switzerland, the United Arab Emirates and Brazil. The respondents together managed a fortune of around $ 2.85 trillion.

nickel announced the results of the survey and explained:

Professional investors forecast Bitcoin for a strong year and are confident about its long -term evaluation. Almost nine out of ten professional investors predict an increase in the Bitcoin Prize for this year. Two out of three votes that an assessment of $ 100,000 is possible, but only for long -term investors.

In terms of the price of Bitcoin, the asset manager described: "The study showed a high degree of trust in the long-term trend of cryptocurrency", and added that 23 % forecast this Bitcoin will exceed $ 30,000 by the end of 2023.

In addition, 65 % of the institutional investors surveyed agree that Bitcoin could still reach $ 100,000 in the long term. 58 % Bitcoin to achieve this price level within three years, while 25 % say that it would take five or more years.

In the meantime, 39 % of all respondents predicted that the Bitcoin Prize will reach its maximum of $ 69,000 in November 2021 within three years, while 76 % said that this would probably happen within five years. "Only 3 % questioned whether Bitcoin will ever reach the previous all -time high," said the asset management company.

Anatoly Crachilov, CEO from Nickel, commented:

Price predictions on the cryptocurrency market are always a discouraging task, but the most important result of our survey is that only 3 % of investors question the future of Bitcoin.

When, do you think, will Bitcoin price reach the $ 100,000 mark? Let us know in the comment area below.

Kevin Helms

As a student of Austrian economics, Kevin Bitcoin discovered in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open source systems, network effects and the interface between economy and cryptography.

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