Nearly 50% of crypto investors expect Bitcoin to surpass $100,000 this cycle: CoinGecko
Ethereum's performance uncertainty linked to dispersing layer 1 narrative into broader ecosystem.
Key Takeaways
- 43.7% of crypto participants expect Bitcoin to exceed $100,000 this cycle.
- Expectations for Ethereum and Solana prices are more varied among survey respondents.
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A recent survey from data aggregator CoinGecko revealed that 43.7% of the respondents expect Bitcoin to exceed $100,000 this cycle. The next most popular prediction was the $91,000 to $100,000 range, chosen by 17% of respondents.
Experienced crypto participants showed higher expectations for Bitcoin, as 50.5% of second-cycle participants and 51.8% of veterans predicted Bitcoin would surpass $100,000, compared to 35.2% of newcomers.
Investors were the most optimistic group, with 49.4% predicting Bitcoin will exceed $100,000. Traders (33.9%), builders (32.6%), and spectators (22.4%) were less bullish.
Ethereum price expectations were mixed, with 20.6% of respondents predicting Ethereum would peak above $10,000, while 19.2% expected a maximum of $5,000.
For Solana, 24.9% of participants expect it to reach only $300 this cycle, not significantly above its previous all-time high. The $300 to $400 range was the second most popular prediction at 14.7%.
The survey, conducted from June 25 to July 8 included 2,558 crypto participants. 69% identified as investors, 18% as traders, 7% as builders, and 6% as spectators. Participants were predominantly based in Europe, Asia, North America, and Africa.
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