Only 11% think it will clear $130,000, while just 3% and 1% back it reaching $140,000 and $150,000 respectively. As of Tuesday morning, Bitcoin hovered around $118,327, just shy of its all‑time high of $123,000 reached last week.
Much smaller percentages are seeking more. Only 11% are putting their money on the $130,000 target. And beyond that—above $140,000—bets decline sharply, with just 3% and 1% supporting those higher amounts.
The survey highlights cautious optimism: many believe there’s room for improvement, but few are forecasting a dramatic leap above the previous peak.
Price action supports their caution. Bitcoin’s recent climb followed a steady rise since mid‑2023, and it has spent much of July testing resistance near the $120,000 zone.
A push past $125,000 would be a fresh milestone. But if sellers step in, a pullback toward $110,000 is not out of the question.
CEO Devin Nunes said the move secures “financial freedom” for the company and ties into a planned utility token for the Truth Social network.
Big buys like this often send ripples through the market, attracting media attention and nudging prices higher. They can also inspire other firms and funds to consider similar crypto stakes.
I just signed the landmark legislation passed today by House Republicans to strengthen American crypto innovation.
The bill sets clear rules for dollar‑pegged coins. It requires full backing by cash or Treasuries, regular reserve reports and know‑your‑customer checks.
Their progress shows growing interest on Capitol Hill in shaping stablecoin policy. Clarity on rules could boost confidence in the broader crypto market, lifting sentiment for Bitcoin and beyond.
Featured image from Meta, chart from TradingView
