Kraken VIP customer survey | Bitcointalksearch.org

GreatArkansas

legendary

Activity: 2506

Merit: 1394

Quote from: BigBoy89 on December 05, 2020, 06:06:36 PM

I like it - $36K is very achievable to BTC in just a couple of months with the current moves.

Just with a little grain of salt. IMO those kind of surveys are a bit biased because the participants are always interested in high crypto prices. The Kraken VIPs' are those with higher trading volume.

$36,000 is easy for Bitcoin, especially once the FOMO will occur again, fresh money will drive it to that price. But let's also not comfortable, Bitcoin may dump for some correction or pullback before higher price, that's why we should also look the other side once our analysis becomes invalid.

I think most people also want Bitcoin's will increase, especially these VIP with for sure a lot of Bitcoin. I think they selected Kraken VIPs because they can make sure, these users may not do some trolls or make fun of the survey, compare to random users.

BigBoy89

legendary

Activity: 1512

Merit: 1011

I like it - $36K is very achievable to BTC in just a couple of months with the current moves.

Just with a little grain of salt. IMO those kind of surveys are a bit biased because the participants are always interested in high crypto prices. The Kraken VIPs' are those with higher trading volume.

exstasie

legendary

Activity: 1806

Merit: 1521

These targets seem rather low to me. $36K for BTC? That's in no man's land and not even a 2x above the old ATH!

Similar to the sentiment on this forum (everyone is targeting $50K-$100K max) I take it as an indicator that lots of current holders are going to sell way too early. The market is going to run right through them and keep going up.

I think $200K would be a conservative estimate, honestly.

Upgrade00

legendary

Activity: 2114

Merit: 2248

Playgram - The Telegram Casino

Quote from: zasad@ on December 05, 2020, 01:53:02 PM

In 2021, Kraken customers see Bitcoin and Ethereum at $ 36,602 and $ 1,451, respectively. Thus, in their opinion, the potential for ether growth is higher.

Those are very safe amounts, barely a 100% increase from what the price is now (for bitcoin), which is expected as they are their top investors who would have huge amounts in and as such would likely be conservative about what they expect from the market within a certain time frame.

A poll of only 350 investors does not really reflect the market and such price predictions does not really matter much. There are lots of figures and price models floating around, but history has shown that such guesses are usually wrong and the market is unpredictable.

zasad@

legendary

Activity: 1932

Merit: 4602

Buy on Amazon with Crypto

Cryptocurrency exchange Kraken conducted a survey of over 350 VIP clients to find out their expectations from the market. This is the second such report for the current year, the first was published in February. The responses for the second report were collected in October.
https://cryptocurrency.tech/vip-klienty-kraken-podelilis-svoimi-ozhidaniyami-ot-kriptorynka-v-2021-godu/

https://kraken.docsend.com/view/5w3afj27uuutanf2

In 2021, Kraken customers see Bitcoin and Ethereum at $ 36,602 and $ 1,451, respectively. Thus, in their opinion, the potential for ether growth is higher.

The favorite altcoins of Kraken VIP clients are Ethereum (ETH), Polkadot (DOT), Chainlink (LINK), Monero (XMR) and XRP. In the decentralized finance (DeFi) segment, they highlighted Uniswap (UNI), yearn.finance (YFI), Kava.io (KAVA) and Kyber Network (KNC).

Topic: Kraken VIP customer survey (Read 102 times)