🅺🆁🅰🅺🅴🅽 has proposed a suͧrͬvͮeͤy to his more experienced traders regarding the value of some cryptocurrencies. Traders expect Bitcoin (BTC) to hit a new all-time high before 2021.
The survey examined 400 "VIP" clients on Kraken: 41% said they were "investors", 40% "traders" and 15% "institutions". The remaining 4% includes payment processors, cryptocurrency exchanges and miners.
About 80% of survey respondents manage capital of less than $ 10 million, while 11% are between 10 and 50 million. The remaining 6% instead manages a capital of over 50 million dollars.
According to them, BTC will reach $ 22,866. Trust in Ethereum is also very high ($ 810).
About half of the participants say that the cryptocurrency market is currently in an uptrend and only 22% believe it is bearish, 34% are uncertain.
But what will the price increase?
▲ Adoption (19%)
▲ Bitcoin halving (15%)
▲ Political conflicts (11%)
▲ FOMO (Fear of missing out) (11%)
▲ Economic crisis (9%)
What is the main threat of the system instead?
⚠️Tax regulations (32%)
⚠️Scam (23%)
⚠️Hacker attacks (23%)
Over half of the respondents are confident that 🅐🅛🅣🅒🅞🅘🅝🅢 will achieve significant hikes this year.
The survey then asked participants to list their five favorite cryptocurrencies, excluding BTC. At the top of the list are Ethereum (ETH), Monero (XMR), Ripple (XRP), Litecoin (LTC) and Tezos (XTZ).
What are your favorite ട𝜏αßLҽ𝓬σiɳട? The most popular is by far Tether (USDT) with an adoption rate of 33.6%.
USD Coin (USDC) follows with 8.7% and Dai (DAI) with 8.4%.
The complete pool can be found here: Kraken Survey (Predictions 2020)
