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Bitget survey: 84% of respondents believe Bitcoin will break through to a new all-time high after halving

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Release: 2024-02-08 08:20:02
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Bitget survey: 84% of respondents believe Bitcoin will break through to a new all-time high after halving

This website (120btC.coM) pointed out that Bitcoin is about to usher in the halving event in April this year. According to market predictions, BTC may follow its historical trajectory and usher in a bull market after the halving.

Cryptocurrency exchange Bitget recently released a comprehensive research report surveying the opinions of nearly 10,000 investors, revealing their expectations for the halving.

84% of respondents believe that BTC will break through all-time highs after the halving

According to the Bitget report, 84% of investors are currently optimistic about Bitcoin. They expect Bitcoin’s price to break through its all-time high of $69,000 shortly after its halving. Investors in Latin America, East Asia and Southeast Asia, in particular, are more bullish. In contrast, investors in Western and Eastern Europe have a more conservative attitude, but they are also optimistic about the long-term development trend of Bitcoin.

Bitget survey: 84% of respondents believe Bitcoin will break through to a new all-time high after halving

70% of investors plan to increase their holdings of cryptocurrencies in 2024

The report also pointed out that according to 70% of investors’ clear statements, they plan to increase their holdings of cryptocurrencies in 2024. Increase your holdings of cryptocurrencies in 2024. Among them, investors in the Middle East, North Africa and Eastern Europe were the most aggressive, while investors in Southeast Asia and East Asia believed that they needed to wait for the market to stabilize after the halving before increasing their positions.

Bitget survey: 84% of respondents believe Bitcoin will break through to a new all-time high after halving

Prediction of Bull Market High Point

Finally, Bitget also announced investors’ predictions for the next bull market. The report showed that 55% of investors believed that Bitcoin will stabilize in the $50,000 to $100,000 range, with only 8% of investors believing that Bitcoin will break through the $150,000 mark.

Interestingly, although Western Europe has shown a cautious attitude towards the direct impact of halving, their bull market predictions have given the highest prices, which also reflects their investment sentiment as "short-term." Cautious and long-term optimistic."

Bitget survey: 84% of respondents believe Bitcoin will break through to a new all-time high after halving

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source:120btc.com
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