BuySellHodl Updates Results of Bitcoin Price Prediction Feature - AMBCrypto
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BuySellHodl Updates Results of Bitcoin Price Prediction Feature

Biraajmaan Tamuly

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Source: BuySellHodl

2019 Bitcoin Price Prediction of $12,130; 76% of Users Say ‘Buy’ Bitcoin; Rating = ‘Buy’.
BuySellHodl, the ultimate crypto app for real-time coin ratings and price predictions, has updated its results for its industry-leading live bitcoin price prediction feature. With the recent impressive 25% increase in bitcoin’s price over the last week, it’s not surprising to see that the BuySellHodl user-driven bitcoin predictions have become even more bullish. Recently updated results include:

  • 76% of users said to ‘Buy’ BTC, compared to 70% two weeks ago.
  • Only 5% of users said to ‘Sell’ BTC, which is half of last week’s 10% rate.
  • 59% of users selected BTC as one of their top three picks, up from 57% two weeks ago.
  • 40% of users predicted a BTC price of over $10,000 in 2020.
  • 65% of users predicted a BTC price of over $25,000 in 2025.

The newly launched BuySellHodl bitcoin price prediction app queries its users for their opinions and predictions regarding numerous cryptocurrencies and updates the results daily on their website, iPhone and Android Bitcoin App.
BuySellHodl founder, Clifford Lerner, says,

“Our crypto community has become very bullish on many of the top cryptocurrencies recently, especially with their bitcoin price predictions. It’s interesting to see the cryptocurrency market respond so favorably. We will keep an eye on any further correlation between our users’ bitcoin predictions and the price performance.”

Lerner continues,

“With thousands of users updating their cryptocurrency predictions and ratings each week, BuySellHodl has quickly become the ultimate destination for unbiased, real-time crypto ratings and bitcoin price prediction data. We look forward to launching several enhancements to our leading price prediction features, including predictions from top crypto influencers and geographic price prediction comparisons.”

Source: BuySellHodl


Bitcoin Is Ranked #1 Best Cryptocurrency Investment fo 2020
BuySellHodl periodically asks users to select their top three coins for cryptocurrency investments for 2020. 59% of users selected bitcoin as one of their top picks, which is up from 57% just two weeks ago, ranking bitcoin as the top choice. Ripple [XRP], Cardano [ADA], Ethereum [ETH], and Litecoin [LTC] rank as the next choices for best cryptocurrency investments in 2020 at 39%, 34%, 32%, and 18% respectively.
Percentage of Users Selecting Coin as a Top Three Best Cryptocurrency To Invest In 2020

  1. Bitcoin [BTC]: 59%
  2. Ripple [XRP]: 39%
  3. Cardano [ADA]: 34%
  4. Ethereum [ETH]: 32%
  5. Litecoin [LTC]: 18%
  6. Tron [TRX]: 14%
  7. Stellar [XLM]: 12%
  8. Eos [EOS]: 11%
  9. Binance coin [BNB]: 9%
  10. Bitcoin cash [BCH]: 7%

Bitcoin Price Prediction

Source: BuySellHodl


Bitcoin 2020 Price Prediction: BuySellHodl users remain bullish with their bitcoin 2020 price predictions. 40% of users predict that bitcoin will be worth more than $10,000 in 2020, while 14% predict a value greater than $25,000. On the bearish side, 8% of users are predicting a sharp decline in bitcoin’s value to below $1,000 in 2020.
Bitcoin 2025 Price Prediction: The 2025 predictions are even more bullish, as they reflect the views of patient bitcoin investors. 65% of users predict bitcoin’s price will exceed $25,000, while 26% percent are extremely optimistic, predicting that bitcoin will exceed $100,000. Meanwhile, 6% of users remain long-term bitcoin skeptics, predicting its demise to a value below $1,000.

Source: BuySellHodl


Bitcoin Price Prediction Trend
In order to accurately gauge the crypto sentiment trends, BuySellHodl publishes the previous period’s results as well as the current predictions. This comparison screenshot shows that users continue to remain very bullish on bitcoin, with 76% saying to buy it. This compares quite favorably to only 5% saying to sell it, which is the lowest rate we’ve seen since our bitcoin price prediction feature was launched. This categorically leads to an overall ‘Buy’ rating for bitcoin. Note: Each period currently consists of two weeks.
Will Bitcoin Someday Become the World’s Reserve Currency?
One of the more compelling questions in the crypto-sphere is, “Can a cryptocurrency, such as bitcoin, replace the U.S. dollar as the world’s reserve currency?”
Many industry experts believe this to be a highly plausible scenario, often supporting their opinion with analysis predicting that bitcoin’s valuation could exceed $100,000 in the near future. Most recently, Thinkmarkets chief market analyst Naeem Aslam said that bitcoin could reach that mark during the next bull run.
BuySellHodl asked users this question to gauge their opinions on this thought-provoking scenario. The results reveal very differing opinions, with 13% saying ‘no chance,’ while 7% claiming it’s ‘very likely’ or ‘a sure thing’ that bitcoin will someday replace the U.S. dollar as the world’s reserve currency. For more detailed data, note the following breakdown:
QUESTION: “What are the chances that bitcoin overtakes the U.S. dollar as the main currency of the world within 10 years?”

Source: BuySellHodl


Unique Aspects of the BuySellHodl Crypto & Bitcoin Predictions and Ratings:

  • Real-Time Price Predictions Data – Price predictions, rankings, and ratings are updated in real-time.
  • Exclusive Crypto News – Weekly BuySellHodl price prediction and rankings analysis.
  • Quantitative Ratings & Rankings – A proprietary formula generates ratings and price predictions based entirely on user data.
  • Top Cryptocurrency Picks – Users can select any three coins as their top picks.
  • Bitcoin Price Prediction – Real-time one and five-year bitcoin price predictions.
  • Historical Analysis – Easy to see critical shifts in community opinion and ratings changes on each coin.
  • Universal Availability – Access crypto predictions and ratings on the website, as well as our Android and iPhone apps.

About:
BuySellHodl is the ultimate crypto and bitcoin prediction app, offering live crypto price predictions, rankings, ratings, prices, crypto news, and a live daily bitcoin game with real cash prizes. BuySellHodl is available as an Android and iPhone app and was founded by entrepreneur and crypto-enthusiast Clifford Lerner, author of the best selling business book, Explosive Growth – A Few Things I Learned While Growing To 100 Million Users. Cliff’s goal is to get the next 100 million users to adopt cryptocurrencies.
DISCLAIMER:
BuySellHodl does not provide financial advice. Please read our full disclaimer.

Biraajmaan covers market trends of major cryptocurrencies. As a graduate in engineering, his interests lie in Blockchain technology. With over a year as a journalist, his articles focus on US and UK markets.

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