A recent survey revealed that most Bitcoin investors would expect to see a six-digit price before potentially disposing of their assets.
There was a crazy rise in the lead of Bitcoin
The cryptocurrency market has seen all-time highs for many tokens, including Bitcoin, over the past few months. That’s why several crypto analysts have started Twitter polls.
Leading the 2020/2021 bull run, Bitcoin has quadrupled its value from $ 10,000 to an all-time high of $ 42,000 since early October.
BTC is still up about 10% since the beginning of 2021, despite a few thousand dollars falling afterwards. This sparked controversy within the community that plans to dispose of some of their assets.
Crypto analyst Josh Rager asked the question on Twitter: “How much Bitcoin do you plan to sell at the next peak?”
One in three Bitcoin investors is waiting for a top
Interestingly, the top-rated answer (34.4%) indicates that investors plan to sell most, if not all, of BTC shares in the event of another price peak.
A very close percentage (31.6%) says they will sell less than 25% of their BTC positions.
Some comments state that many investors are planning to keep their cryptocurrencies even beyond the next peak. As a result, even the deadliest HODLers are considering taking a profit at some point.
Another survey initiated by popular analyst Filb Filb shed light on the price targets BTC investors are willing to sell.
They don’t want to sell BTC before it exceeds $ 100K
The majority of respondents said they would start “thinking about selling some of their BTC” when the asset price enters a six-digit zone. More than 40% will do this at prices ranging from $ 100,000 to $ 300,000, while 26.3% will expect BTC to go beyond $ 300,000 to sell.
Alex Saunders of Nugget News opposed the idea of waiting for a price to sell his BTC, especially in times of economic uncertainty.