Twitter poll suggests "Bitcoin has bottomed out" and "XRP will be the best performer in the next year" - Fundstrat
On the 2nd, Thomas Lee, CEO of independent U.S. research firm Fundstrat, conducted a survey on awareness of the cryptocurrency market via Twitter. The results show that 45% of respondents believe BTC has bottomed, and 43% believe XRP will be the best-performing cryptocurrency over the next 12 months. The questionnaire consists of six questions, each receiving between 5,000 and 6,800 votes.
Bitcoin has bottomed
Mr. Lee distributed the following six questions to his 57,000 Twitter followers. We present the results together with the responses.
Question 1: What do you think is the most influential macro factor affecting cryptocurrency prices?
・Central banks (regulation by countries) - 35%
・Emerging markets (Turkey, Venezuela, etc.) - 27%
・U.S. dollar (USD) - 18%
・Geopolitical tensions - 20%
Question 2: Under an economic recession, do you think cryptocurrency prices will rise?
・Yes - 59%
・No - 41%
Question 3: When do you think Bitcoin will bottom?
・Early 2018 - 25%
・March 2019 - 18%
・Mid-2019 onwards - 12%
・BTC has already bottomed - 45%
Question 4: What will be Bitcoin’s price at the end of 2019?
・$6,999 or less - 12% (about 770,000 yen)
・$7,000–$10,000 - 20% (about 1.1 million yen)
・$10,000–$15,000 - 25% (about 1.65 million yen)
・Over $15,000 - 43%
Question 5: Which token will perform the best over the next 12 months?
・Bitcoin (BTC) - 33%
・Ethereum (ETH) - 16%
・EOS - 8%
・Ripple (XRP) - 43%
Question 6: Among the following tokens, which “investment theory” do you think is meaningless?
・Bitcoin (BTC) - 18%
・Ripple (ETH) - 30%
・Tron (TRX) - 33%
・Ethereum Classic (ETC) - 19%
