The survey, according to the SCMP, was based on price levels seen on February 27. At the time, Bitcoin was above $10,00 and Ethereum was at $870. This means that, according to respondents, by the end of the year, Ethereum’s price would be at $2,550. Bitcoin would hit $29,533, and Bitcoin Cash would be at $2,721.
The survey’s projections would mean both Bitcoin and Ethereum would see their value more than triple within nine months, as recent price trends saw Bitcoin drop to $8,800 at press time. Ethereum is currently trading at $670.
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