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Kraken's VIP Traders Set BTC Average Price Target At $36,602 In 2021

Mary Liu

Summary: According to the crypto sensitivity analysis report issued by the Kraken Exchange, VIP traders’ average price target for Bitcoin in 2021 is $36,602. Kraken conducted a questionnaire survey on the most active VIP clients on its platform, the survey results show that the traders set the median target price as $25,000. Besides, approximately 8% of ...

According to the crypto sensitivity analysis report issued by the Kraken Exchange, VIP traders’ average price target for Bitcoin in 2021 is $36,602. Kraken conducted a questionnaire survey on the most active VIP clients on its platform, the survey results show that the traders set the median target price as $25,000. Besides, approximately 8% of respondents provide a price target greater than or equal to $100,000, and nearly 20% of respondents provide a price target of no less than $50,000. 61% of participants believe that Bitcoin will reach or exceed $20,000 in 2021.

By Mary Liu

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