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Bitcoin is heading to $10,000, CNBC survey says

Arjun Kharpal
Bitcoin is heading to $10,000, CNBC survey says

The price of bitcoin

(Exchange: BTC=)

could be heading to over $10,000, nearly half of respondents to a CNBC survey said.

During the week, CNBC ran an unscientific survey online asking: "Where does bitcoin go from here?"

Forty-nine percent of the 23,118 people who voted said above $10,000. Similar calls have been made by market participants. Former hedge fund manager Michael Novogratz

told CNBC in a recent interview

that he sees bitcoin heading to $10,000 in the next six to 10 months.

One option that people could also vote for was: "

Jamie Dimon

is correct, you'll pay the price for buying." JPMorgan Chase

(NYSE: JPM)

CEO Dimon has been critical of bitcoin,

calling it a "fraud"

and said "if you're stupid enough to buy it,

you'll pay the price for it one day."

Just over a third (35 percent) of people sided with Dimon.

And 16 percent of respondents went with the final option of bitcoin heading to between $6,000 and $8,000.

The cryptocurrency has risen over 470 percent this year. Earlier this month,

bitcoin hit an all-time high of $5,856.10

, according to data from industry website CoinDesk. So it's not far off the $6,000 mark.

Rising institutional investor interest, favorable regulation in some markets like Japan, and an upcoming split in bitcoin known as a "fork," have helped to boost the price.

But the cryptocurrency has also had a lot of criticism. UBS said in a recent note that

bitcoin is a "speculative bubble"

and unlikely to be come a real currency, while Goldman Sachs said the cryptocurrency is

not the new gold

.

The price of bitcoin

(Exchange: BTC=)

could be heading to over $10,000, nearly half of respondents to a CNBC survey said.

During the week, CNBC ran an unscientific survey online asking: "Where does bitcoin go from here?"

Forty-nine percent of the 23,118 people who voted said above $10,000. Similar calls have been made by market participants. Former hedge fund manager Michael Novogratz

told CNBC in a recent interview

that he sees bitcoin heading to $10,000 in the next six to 10 months.

One option that people could also vote for was: "

Jamie Dimon

is correct, you'll pay the price for buying." JPMorgan Chase

(NYSE: JPM)

CEO Dimon has been critical of bitcoin,

calling it a "fraud"

and said "if you're stupid enough to buy it,

you'll pay the price for it one day."

Just over a third (35 percent) of people sided with Dimon.

And 16 percent of respondents went with the final option of bitcoin heading to between $6,000 and $8,000.

The cryptocurrency has risen over 470 percent this year. Earlier this month,

bitcoin hit an all-time high of $5,856.10

, according to data from industry website CoinDesk. So it's not far off the $6,000 mark.

Rising institutional investor interest, favorable regulation in some markets like Japan, and an upcoming split in bitcoin known as a "fork," have helped to boost the price.

But the cryptocurrency has also had a lot of criticism. UBS said in a recent note that

bitcoin is a "speculative bubble"

and unlikely to be come a real currency, while Goldman Sachs said the cryptocurrency is

not the new gold

.



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