{"id":373072,"date":"2019-03-01T01:00:41","date_gmt":"2019-03-01T01:00:41","guid":{"rendered":"https:\/\/uniquehot.com\/?p=373072"},"modified":"2019-03-11T16:24:09","modified_gmt":"2019-03-11T16:24:09","slug":"crypto-bitcoin-price-long-term","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/crypto-bitcoin-price-long-term\/","title":{"rendered":"Poll Reveals Majority of Crypto Investors See Bitcoin Price at $100,000 to Millions Long-Term"},"content":{"rendered":"<p class=\"p1\"><span class=\"s1\">Ever since the mysterious <a href=\"\/tag\/satoshi-nakamoto\" rel=\"nofollow\">Satoshi Nakamoto<\/a> released Bitcoin into the wild, the world has been speculating over the first-ever crypto and its long term validity and value. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">While the current bear trend and over 84% decline in <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a> has crushed much of the enthusiasm the market saw during the 2017 parabolic advance and media blitz, crypto investors still believe that in the long term, Bitcoin price will reach over $100,000 to as much as \u201cmillions\u201d of dollars.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Poll Results: Bitcoin Price to $100,000 or Millions Long-Term, Votes Majority<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">Prominent crypto trader and top author on popular charting site TradingView, the outspoken <a href=\"\/tag\/magicpoopcannon\" rel=\"nofollow\">MagicPoopCannon<\/a>, polled his over 20,000 <a href=\"\/tag\/twitter\" rel=\"nofollow\">Twitter<\/a> followers hoping to find out what the collective crypto investing community thinks Bitcoin\u2019s long-term value will reach.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The results are in! 42% of the 3,000 voters think BTC will reach into the $100,000 to Millions range, and 72% think BTC will surpass $20,000. Very nice. \ud83d\ude01 <a href=\"https:\/\/t.co\/85JxiXcYj9\" rel=\"nofollow\">https:\/\/t.co\/85JxiXcYj9<\/a><\/p>\n<p>&mdash; MAGIC (@MagicPoopCannon) <a href=\"https:\/\/twitter.com\/MagicPoopCannon\/status\/81778177?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 27, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">The trader himself thinks that <a href=\"\/tag\/bitcoin-price\" rel=\"nofollow\">Bitcoin price<\/a> will go to \u201cat least $100,000 within four years,\u201d adding that he thinks \u201cit could even reach $150,000 in that time.\u201d Eventually, he says, it could \u201csurpass $1,000,000.\u201d<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading |\u00a0<a href=\"https:\/\/uniquehot.com\/2019\/02\/08\/20k-3k-bitcoin-price-crypto\/\">From $20K to $3K and Back: How Bitcoin Price Counters Sentiment in the Crypto Market<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">The large majority of his followers agree, according to a Twitter poll the trader ran. As much as 42% of nearly 3,000 voters think that Bitcoin price will reach $100,000 to \u201cmillions\u201d long term. 30% see the leading crypto only reaching a maximum of the previous all-time high price of $20,000 to $100,000, and just 13% think that its value will top out somewhere between $3,000 and $20,000. <\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The bear market got the best of some investors, who see the price of the first ever cryptocurrency falling much further from here, with its long-term price being pegged at anywhere between $3,000 and virtually worthless at $0.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">For my long term view, I see Bitcoin going to at least $100,000 within four years. I think it could even reach $150,000 in that time. Eventually, I believe it could surpass $1,000,000. Where do you see BTC going in the long term?<\/p>\n<p>&mdash; MAGIC (@MagicPoopCannon) <a href=\"https:\/\/twitter.com\/MagicPoopCannon\/status\/73955843?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 26, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">Only time will tell where Bitcoin price eventually ends up, but MagicPoopCannon\u2019s technical analysis has been spot on for much of the last two years of Bitcoin buzz, and his support of these astronomical values on Bitcoin might suggest that those lofty predictions could become a reality at some point in the future.<\/span><\/p>\n<h2 class=\"p1\"><span class=\"s1\">Top TradingView Author Calls Bitcoin\u2019s Break of $6K, Now Says Bottom is In<\/span><\/h2>\n<p class=\"p1\"><span class=\"s1\">MagicPoopCannon is among the top authors on TradingView, boasting over 10 million views across his trading ideas and over 53,000 followers on the platform.<\/span><\/p>\n<p class=\"p1\"><span class=\"s1\">The eccentric trader has earned his strong reputation after making a number of correct calls far in advance of the move actually happening. No such example is better than Bitcoin\u2019s break of critical support at $6,000. The actual plummet didn\u2019t occur until mid-November, but the trader actually <a href=\"https:\/\/www.tradingview.com\/chart\/BTCUSD\/TbopGKy8-Magic-When-3K-BITCOIN-BTC-D\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">called for the drop all the way back in May<\/a> of 2018 \u2013 a full six months in advance of the powerful bearish movement.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Nine months ago, in the attached analysis, I showed you how BTC would fall to $3,000. Now, I believe the market has bottomed at just above $3,000 last December. Time will tell. Here is a look at my forward view, when most others were overly bullish&#8230;<a href=\"https:\/\/t.co\/o9OsNk34aE\" rel=\"nofollow\">https:\/\/t.co\/o9OsNk34aE<\/a><\/p>\n<p>&mdash; MAGIC (@MagicPoopCannon) <a href=\"https:\/\/twitter.com\/MagicPoopCannon\/status\/04619521?ref_src=twsrc%5Etfw\" rel=\"nofollow\">February 27, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\"><span class=\"s1\">Now, the trader is claiming that \u201cthe bottom is in,\u201d and Bitcoin is following a bottoming fractal from the 2015 bear market that led to a period of accumulation before a bull market resumed. Once the bulls returned, history was made as Bitcoin skyrocketed to $20,000.<\/span><\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading |\u00a0<a href=\"https:\/\/uniquehot.com\/2019\/02\/27\/peter-brandt-bitcoin-price-bottom\/\">Peter Brandt Calls For 80%+ Bitcoin Price Decline Over A Year Ago With Chilling Accuracy\u00a0<\/a><\/strong><\/em><\/p>\n<p class=\"p1\"><span class=\"s1\">Given MagicPoopCannon\u2019s accurate predictions, and his calls for $100,000+ in the future, if Bitcoin truly has bottomed, the next bull run may take the cryptocurrency to incredible heights.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ever since the mysterious Satoshi Nakamoto released Bitcoin into the wild, the world has been speculating over the first-ever crypto and its long term validity and value. While the current bear trend and over 84% decline in Bitcoin has crushed much of the enthusiasm the market saw during the 2017 parabolic advance and media blitz, crypto investors still believe that in the long term, Bitcoin price will reach over $100,000 to as much as \u201cmillions\u201d of dollars. Poll Results: Bitcoin Price to $100,000 or Millions Long-Term, Votes Majority Prominent crypto trader and top author on popular charting site TradingView, the outspoken MagicPoopCannon, polled his over 20,000 Twitter followers hoping to find out what the collective crypto investing community thinks Bitcoin\u2019s long-term value will reach. The results are in! 42% of the 3,000 voters think BTC will reach into the $100,000 to Millions range, and 72% think BTC will surpass $20,000. Very nice. \ud83d\ude01 https:\/\/t.co\/85JxiXcYj9 &mdash; MAGIC (@MagicPoopCannon) February 27, 2019 The trader himself thinks that Bitcoin price will go to \u201cat least $100,000 within four years,\u201d adding that he thinks \u201cit could even reach $150,000 in that time.\u201d Eventually, he says, it could \u201csurpass $1,000,000.\u201d Related Reading |\u00a0From $20K to $3K and Back: How Bitcoin Price Counters Sentiment in the Crypto Market The large majority of his followers agree, according to a Twitter poll the trader ran. As much as 42% of nearly 3,000 voters think that Bitcoin price will reach $100,000 to \u201cmillions\u201d long term. 30% see the leading crypto only reaching a maximum of the previous all-time high price of $20,000 to $100,000, and just 13% think that its value will top out somewhere between $3,000 and $20,000. The bear market got the best of some investors, who see the price of the first ever cryptocurrency falling much further from here, with its long-term price being pegged at anywhere between $3,000 and virtually worthless at $0. For my long term view, I see Bitcoin going to at least $100,000 within four years. I think it could even reach $150,000 in that time. Eventually, I believe it could surpass $1,000,000. Where do you see BTC going in the long term? &mdash; MAGIC (@MagicPoopCannon) February 26, 2019 Only time will tell where Bitcoin price eventually ends up, but MagicPoopCannon\u2019s technical analysis has been spot on for much of the last two years of Bitcoin buzz, and his support of these astronomical values on Bitcoin might suggest that those lofty predictions could become a reality at some point in the future. Top TradingView Author Calls Bitcoin\u2019s Break of $6K, Now Says Bottom is In MagicPoopCannon is among the top authors on TradingView, boasting over 10 million views across his trading ideas and over 53,000 followers on the platform. The eccentric trader has earned his strong reputation after making a number of correct calls far in advance of the move actually happening. No such example is better than Bitcoin\u2019s break of critical support at $6,000. The actual plummet didn\u2019t occur until mid-November, but the trader actually called for the drop all the way back in May of 2018 \u2013 a full six months in advance of the powerful bearish movement. Nine months ago, in the attached analysis, I showed you how BTC would fall to $3,000. Now, I believe the market has bottomed at just above $3,000 last December. Time will tell. Here is a look at my forward view, when most others were overly bullish&#8230;https:\/\/t.co\/o9OsNk34aE &mdash; MAGIC (@MagicPoopCannon) February 27, 2019 Now, the trader is claiming that \u201cthe bottom is in,\u201d and Bitcoin is following a bottoming fractal from the 2015 bear market that led to a period of accumulation before a bull market resumed. Once the bulls returned, history was made as Bitcoin skyrocketed to $20,000. Related Reading |\u00a0Peter Brandt Calls For 80%+ Bitcoin Price Decline Over A Year Ago With Chilling Accuracy\u00a0 Given MagicPoopCannon\u2019s accurate predictions, and his calls for $100,000+ in the future, if Bitcoin truly has bottomed, the next bull run may take the cryptocurrency to incredible heights.<\/p>\n","protected":false},"author":517,"featured_media":373075,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[428,679,27463,4078,4257],"class_list":["post-373072","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-bitcoin","tag-bitcoin-price","tag-magicpoopcannon","tag-technical-analysis","tag-twitter"],"acf":[],"yoast_head":"\n<title>Majority of Crypto Investors See Bitcoin Price at $100,000 to Millions<\/title>\n<meta name=\"description\" content=\"Ever since the mysterious Satoshi Nakamoto released Bitcoin into the wild, the world has been speculating over the first-ever crypto and its long term\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uniquehot.com\/news\/crypto-bitcoin-price-long-term\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Majority of Crypto Investors See Bitcoin Price at $100,000 to Millions\" \/>\n<meta property=\"og:description\" content=\"Ever since the mysterious Satoshi Nakamoto released Bitcoin into the wild, the world has been speculating over the first-ever crypto and its long term\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uniquehot.com\/news\/crypto-bitcoin-price-long-term\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-01T01:00:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-03-11T16:24:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/uniquehot.com\/wp-content\/uploads\/2019\/02\/bitcoin-million-shutterstock_1033181722-1100x733.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1100\" \/>\n\t<meta property=\"og:image:height\" content=\"733\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; 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The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. 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