Bitcoin Outlook: Majority of Domestic Investors Expect Rise or Surge Next Week

Bitcoin Outlook: Majority of Domestic Investors Expect Rise or Surge Next Week

According to a regular weekly survey on domestic investor market trends conducted jointly by Coinnis and Cratos, 43.9% of the respondents (49.0% last week) expected Bitcoin to rise or surge next week. This suggests a positive sentiment among domestic investors towards the leading cryptocurrency. The survey also revealed that 38.6% of the respondents (39.7% last week) expected a sideways movement, indicating a neutral outlook. However, there was a slight increase in the percentage of respondents who expected a decline or sharp decline, from 11.3% last week to 17.5% this week. This may indicate some concerns among investors about potential market corrections. When asked about market sentiment, 48.3% responded with the most neutral response. The percentage of respondents who answered optimism or extreme optimism was 32.4%, while the percentage of respondents who answered fear or extreme fear was 19.3%. This suggests that the market sentiment remains mixed, with a slight bias towards optimism. Regarding the taxation of virtual assets scheduled to be implemented from January next year, 43.4% of investors responded that they "oppose taxation." This indicates strong resistance among domestic investors to the proposed tax plan. 22.8% of the respondents said they would support it if the deduction limit was increased to match the financial investment tax and fairness, and 21% of the investors said that the tax should be postponed. Only 7.8% of the respondents said they supported the current tax plan.