How high can BTC, ETH, and SOL rise in this bull market?

How high can BTC, ETH, and SOL rise in this bull market?

How high will Bitcoin go?

43.7% of cryptocurrency participants expect Bitcoin to break $100,000 this cycle, indicating that the market has relatively high expectations for the largest cryptocurrency by market capitalization. The next most popular Bitcoin price prediction is the $91,000 to $100,000 range, selected by 17.0% of survey respondents. On the other hand, 15.0% are pessimistic, predicting that the highest price of Bitcoin in this cycle will only be $75,000.

The remaining 24.3% of participants were more conservative in their expectations for Bitcoin, predicting that it would rise to between $76,000 and $90,000.

Notably, more experienced cryptocurrency participants appear to have higher expectations for Bitcoin: 50.5% of second-round participants and 51.8% of veterans predict that Bitcoin will break $100,000, compared to only 35.2% of newcomers.

Cryptocurrency newcomers have lower expectations for Bitcoin, with 30.9% predicting a maximum price of $80,000 this round, while only 16.1% of second-round participants and 19.8% of veterans have the same prediction.

Investors are once again the most optimistic, with 49.4%, or nearly half, predicting that Bitcoin will surpass $100,000 in the current cycle. In contrast, 33.9% of traders, 32.6% of creators, and 22.4% of bystanders predict that Bitcoin will surpass $100,000.

In particular, bystanders have the lowest expectations for Bitcoin, with the highest percentage at 31.5%, who predict that Bitcoin will only rise to $75,000.

How high will Ethereum go?

Unlike Bitcoin, cryptocurrency participants have quite mixed expectations for Ethereum prices. 20.6% of respondents predict that Ethereum will peak above $10,000 in this cycle, which is the most popular view, but by a narrow margin. On the other hand, 19.2% predict that Ethereum will only reach $5,000 at most this time.

The least popular prediction is that Ethereum will peak between $8,000 and $9,000, with 10.6% of respondents choosing this number. However, this number is closely followed by $6,000 to $7,000 (predicted by 11.4% of respondents) and $9,000 to $10,000 (predicted by 11.7% of respondents).

Therefore, there seems to be a lack of consensus on Ethereum’s performance this time, which may be due to the fragmentation of Ethereum’s layer 1 narrative into its wider ecosystem.

How high will Solana go?

Compared to Bitcoin, cryptocurrency participants have a more conservative view of Solana’s potential price increase. The survey found that 24.9% of cryptocurrency participants expect Solana’s price to only rise to $300 this cycle, making it the most popular prediction for Ethereum’s competitor. In other words, these participants do not expect Solana’s price to rise significantly above the all-time highs set during the last bull run.

The second most popular Solana price prediction was the $300 to $400 range, with 14.7% of respondents predicting this range. Nonetheless, other price ranges followed closely behind, accounting for between 4.6% and 12.6% of respondents’ predictions. This suggests that while three-quarters of participants have relatively high expectations for Solana’s price, there does not seem to be a more specific consensus on the target.

Cryptocurrency Price Predictions

Predictions for how high the price of Bitcoin will go in this cycle, ranked from most popular to least popular, are as follows:

Predictions for Ethereum to rise the most in this cycle are ranked from most popular to least popular:

Predictions for how high Solana will reach during this cycle, ranked from most popular to least popular, are as follows:

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