Conducting a Twitter poll should never be considered to be a price indicator. Even so, Mati Greenspan’s followers firmly believe that bitcoin will hit $1 million or more in the next decade.
Many people have very high expectations for the bitcoin price.
The Bitcoin Price Needs to Move up
Setting a new all-time high is a major victory in its own, albeit it may take a while.
In recent weeks, the value of bitcoin has not moved up or down all that much.
This makes it seem unlikely that surpassing $19,500 will occur in the weeks or months ahead.
When looking at the bigger picture, all bets appear to be off.
No one can accurately predict what will happen to the bitcoin price this decade.
Mati Greenspan decided to poll his Twitter followers to gain some insights.
It appears that the expectations of “when moon?” have not ebbed away completely just yet.
In fact, most of his followers expect to see a bitcoin price of $1 million by 2030.
That is not an impossible assessment by any means.
Several key factors contribute to how the value of bitcoin moves up or down.
The block reward halvings are expected to make a big impact as well.
Even so, no one should take this Twitter poll as actual financial advice.
A bitcoin price of $1 million or higher will certainly be a sight to behold, if it ever comes to that.