34.8% of Domestic Investors Predict Rise in Bitcoin Prices, Coinnis and Cratos Survey
CryptoNewsTerminal Staff01 Sep, 2024
34.8% of Domestic Investors Predict Rise in Bitcoin Prices, Coinnis and Cratos Survey
Bitcoin Outlook for Next Week According to a recent survey conducted by Coinnis and Cratos, 34.8% of domestic investors anticipate an increase in Bitcoin prices next week, marking a rise from 32.9% the previous week. Respondents expecting a sideways trend decreased slightly from 45.7% to 44.0%, while those predicting a decline or sharp decline rose from 17.4% to 23.1%. Market Sentiment Regarding market sentiment, a majority of respondents (51.7%) reported feeling neutral. Optimistic and extremely optimistic investors accounted for 26.4%, while fearful and extremely fearful investors made up 21.9%. Telegram CEO Arrest When asked about the recent arrest of Telegram CEO Pavel Durov, 34.8% of investors stated that Telegram is a hub for various crimes and thus the arrest is justified. 31.2% expressed concern that the Telegram crackdown infringes on freedom of the press and called for Durov's release. The remaining 23.7% indicated indifference as long as the arrest does not impact the cryptocurrency market, and 10.3% believe it will quell the recent TON rally and become a forgotten issue.
