The question of whether “Bitcoin will reach $100,000 in 2024” has been on the minds of many investors, with financial experts and market analysts offering a range of predictions. With various bold claims circulating that Bitcoin could soar to $100,000 by the end of 2024, Real Research decided to gauge public sentiment through a comprehensive survey.

Key Findings:

  • Will Bitcoin reach $100,000 in 2024? Yes, says 68.44% of surveyed respondents.
  • A majority (27.18%) believe a steady flow of Bitcoin ETFs (exchange-traded funds) could be the key to reaching $100,000.
  • Over 66% are still inclined to invest in Bitcoin, considering a potential $100,000 price tag.

Will Bitcoin Reach $100,000 in 2024?

The buzz around Bitcoin’s potential to hit the $100,000 mark this year has sparked a mix of excitement and skepticism among crypto enthusiasts and financial analysts alike.

Interestingly, over 72% of respondents were aware of the prediction that Bitcoin could hit six figures by year’s end. This awareness translates into a positive outlook, with 68.44% believing Bitcoin will reach $100,000 in 2024.

Figure 1: Many believe Bitcoin will reach $100,000 in 2024.

On the other hand, 31.56% expressed concerns about regulatory hurdles and broader economic uncertainties impacting Bitcoin’s trajectory towards $100,000 this year.

Read Also: 7 in 10 Claimed They Would Invest in Bitcoin as It Continues To Reach Its All-Time High

Bitcoin Will Reach $100,000 in 2024 If…

…there would be continuous flows in Bitcoin ETFs, according to the majority (27.18%). Others believe such a trajectory would happen if there’s an increase in institutional investment (23.12%), positive regulatory developments (23.26%), or the possibility of cutting global interest rates (26.44%).

Bitcoin Price Prediction 2024

Several bold predictions have been made about Bitcoin prices in 2024 by prominent crypto entities. Among these, Binance’s projection of $76,600 is believed by the majority (45.54%) to happen. Others expect Bloomberg’s analysts’ prediction of $70,000 (31.74%), Long Forext’s $83,000 (9.62%), and Standard Chartered’s $120,000 (4.82%). Notably, only 8.28% hope for Grayscale’s bold prediction that “Bitcoin will reach $100,000 in 2024.”

Figure 2: Which Bitcoin price prediction in 2024 respondents believe will most likely happen.

Furthermore, the bullish sentiment extends beyond the potential for a $100,000 Bitcoin, with 64.8% agreeing with MicroStrategy’s long-term prediction of a $600,000 Bitcoin by 2026.

To Buy or Not to Buy?

But while some view the potential rise of Bitcoin to $100,000 as a tremendous investment opportunity, others worry about the risks associated with investing in such a volatile asset.

Even so, considering Bitcoin will reach $100,000 in 2024, the majority (66.12%) expressed a strong inclination towards investing in BTC.

Figure 3: Many are interested in investing in Bitcoin considering it’ll reach $100,000 this year.

Finally, the survey sheds light on the expected timeframe for Bitcoin to reach $100,000. The majority of respondents (46.26%) believe it will happen in the last quarter of the year. The rest expect it to happen either in the third quarter (33.2%) or this June (20.54%).


Survey TitleSurvey on Bitcoin Reaching $100,000 This Year
DurationMay 23 – June 1, 2024
Number of Participants5,000
DemographicsMales and females, aged 21 to 99
Participating Countries Afghanistan, Algeria, Angola, Argentina, Armenia, Australia, Azerbaijan, Bahrain, Bangladesh, Belarus, Benin, Bolivia, Brazil, Brunei, Bulgaria, Burkina Faso, Cambodia, Cameroon, Canada, Chile, China, China (Hong Kong) China (Macao), China (Taiwan), Colombia, Costa Rica, Croatia, Czech Republic, Ecuador, Egypt, El Salvador, Ethiopia, Finland, France, Gambia, Georgia, Germany, Ghana, Greece, Greanada, Guatemala, Honduras, Hungary, India, Indonesia, Iraq, Ireland, Israel, Italy, Ivory Coast, Japan, Jordan, Kenya, Kuwait, Kyrgyzstan, Latvia, Lebanon, Libya, Lithuania, Malaysia, Maldives, Maluritania, Mexico, Moldova, Mongolia, Morocco, Mozambique, Myanmar [Burma], Namibia, Nepal, Nicaragua, Nigeria, Oman, Pakistan, Palestine, Panama, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russia, Saudi Arabia, Serbia, Sierra Leone, Singapore, Slovakia, South Africa, South Korea, Spain, Sri Lanka, Tanzania, Thailand, Togo, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, United Kingdom, United States, Uruguay, Uzbekistan, Venezuela, Vietnam, Yemen, Zimbabwe.