[Survey] 44.9% of domestic investors predict Bitcoin rise or surge next week
CryptoNewsTerminal Staff04 Aug, 2024
[Survey] 44.9% of domestic investors predict Bitcoin rise or surge next week
Survey Indicates Optimism Among Domestic Investors for Bitcoin Upside A weekly survey conducted by Coinnis and Cratos reveals that 44.9% of domestic investors anticipate an upward movement or surge in Bitcoin's price next week. This marks a slight increase from 48% who held the same view last week. Market Sentiment and Expectations Regarding market sentiment, 50.2% of respondents expressed neutrality, with 35.8% expressing optimism or high optimism. However, 14% expressed fear or high fearfulness. In terms of market expectations, 41.4% anticipated sideways movement, while 13.7% expected a decline or sharp decline. Response to Trump's Pro-Cryptocurrency Stance When asked about former US President Donald Trump's pledge to make Bitcoin a national strategic reserve asset, 49.4% of investors believed it was a positive development, recognizing Bitcoin's strategic value. However, 33% expressed skepticism, suggesting it might be a vote-winning tactic with potential negative long-term implications. The remaining respondents dismissed it as temporary hype or expressed indifference.
