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1,400+ Voters Participate Coin Edition’s Poll For BTC-Lowest-Price: 41% Say $25K

Published 02/08/2023, 09:35
Updated 02/08/2023, 09:45
© Reuters 1,400+ Voters Participate Coin Edition’s Poll For BTC-Lowest-Price: 41% Say $25K

  • 41% of followers say BTC’s lowest price could be $25K on CoinEdition’s poll.

  • Michael Saylor’s plan to raise $750M could have potentially created a spike in BTC.

  • BTC searches for support near $28K as it forms an inverted hammer. It may not even need support.

Coin Edition initiated a poll on July 31 requesting its followers to predict the lowest price that BTC could reach. 1,411 voters participated in the poll with 41.1% saying that BTC would reach $25,000. 21.9% of the voters selected $12,000 and $20,000 as the lowest price while 15.1% stated that BTC would reach $15,000.

When considering the latest status for BTC, it could be noted that the leading cryptocurrency has gained some value. The chart below shows that BTC was priced at $29.25K when the markets opened for trading for the week. On July 27, BTC reached $29.67K but later on, it crashed below $29K and reached its weekly lowest price of $28.75K. Thereafter it traded between $29.1K and $29.5K until early August 1.

…The post 1,400+ Voters Participate Coin Edition’s Poll For BTC-Lowest-Price: 41% Say $25K appeared first on Coin Edition.

The post 1,400+ Voters Participate Coin Edition’s Poll For BTC-Lowest-Price: 41% Say $25K appeared first on Coin Edition.

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