Survey Shows Majority of Domestic Investors Believe Bitcoin Will Rise: 46% Expect Upswing

IconCryptoNewsTerminal Staff13 Jul, 2024

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Survey Shows Majority of Domestic Investors Believe Bitcoin Will Rise: 46% Expect Upswing

46% of domestic investors anticipate an upswing in Bitcoin's value, according to a joint survey by Coinnis and Cratos. The survey gauges market trends among domestic investors and found that 40% expect sideways movement, while 19.9% predict a decline. In terms of market sentiment, nearly half (49.6%) of respondents reported feeling neutral, while 28.2% expressed optimism, and 22.2% indicated fearfulness. Regarding the recent drop in Bitcoin's value to 80 million won, 46% of investors believe it will stabilize, 27.7% predict a rebound, and 26.3% expect further decline. These findings suggest that while some investors remain cautious, a significant portion anticipates positive movement in Bitcoin's value in the coming week.

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