2024

Bitcoin

Giant

While Bitcoin (BTC) and altcoins are trying to recover after the sharp declines in recent weeks, CoinGecko analyzed the market expectations of cryptocurrency investors in a recent survey.
2,558 people participated in CoinGecko's survey, conducted between June 25 and July 8, and 94% of respondents said they owned cryptocurrency.
The survey revealed that nearly half of respondents are optimistic about cryptocurrencies.
While the survey revealed that 49% of participants have an upward expectation about the crypto market after the halving, this rate is almost twice the rate of participants expecting a decrease (25%).
<blockquote>
 “Crypto market sentiment is divided, with no strong consensus sentiment, just two months after the Bitcoin Halving.
 According to the latest survey, 49.3% of crypto participants still feel optimistic about the market, despite the pullback reversing the initial post-Halving rally.
 Specifically, 26.1% of respondents felt somewhat optimistic, slightly more than the 23.2% who were completely optimistic.
 What do people think about the post-halving crypto market?
 Bullish – 23.2% Slightly Bullish – 26.1% Neutral – 25.5% Slightly Bearish – 13.4% Bearish – 11.8%”
</blockquote>
CoinGecko research analyst Lim Yu Qian commented on the survey results: “The large share of neutral sentiment may reflect participants' uncertainty about cryptocurrency market conditions or indicate that participants are waiting for further developments before forming their market views.”
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 How are people feeling about the crypto market post-halving? <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f914.png" alt="🤔" class="wp-smiley" style="height: 1em; max-height: 1em;">
 Bullish – 23.2% Somewhat Bullish – 26.1% Neutral – 25.5% Somewhat Bearish – 13.4% Bearish – 11.8%
 — CoinGecko (@coingecko) <a href="https://twitter.com/coingecko/status/1811007464906891720?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 10, 2024</a>
</blockquote>
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*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/giant-bitcoin-btc-survey-released-are-investors-expecting-bearish-or-bullish/" rel="noopener noreferrer nofollow">Giant Bitcoin (BTC) Survey Released: Are Investors Expecting Bearish or Bullish?</a>

Giant Bitcoin (BTC) Survey Released: Are Investors Expecting Bearish or Bullish?

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