Leading cryptocurrency Bitcoin (CRYPTO: BTC) hit new all-time highs this week, topping the $124,000 level for the first time. Benzinga readers were asked whether they think the stock will hit $150,000 or $100,000 next.
What Happened: Bitcoin has surpassed numerous milestones and reached new all-time highs since the 2024 presidential election, largely driven by optimism for the new White House administration’s pro-crypto stance.
While Bitcoin hit new all-time highs of $124,457.12 on Aug. 13, the move was short-lived with cryptocurrency prices falling after several macroeconomic reports later in the week.
Benzinga asked its viewers of “PreMarket Playbook” on Thursday which level Bitcoin is most likely to reach next.
“BTC new all-time highs, what will we see first?” Benzinga asked.
The results were:
- $150,000: 43%
- $100,000: 29%
- Not Sure: 27%
The $150,000 level won the poll with a near majority, as Benzinga viewers predicted that Bitcoin is more likely to hit this level and new …