Bitcoin investors more bullish than ever despite 50% price crash: Survey
A survey reveals investors are still bullish on Bitcoin and other cryptocurrencies despite the recent market drop. Despite Bitcoin (BTC) and the wider cryptocurrency market experiencing one of its worst crashes in recent memory, investors are apparently more bullish than ever regarding the future fortunes of Bitcoin and a host of altcoins. That’s according to the results of a Q2 retail investment survey conducted by crypto firm Voyager Digital, which polled 3,671 high-frequency traders on the Voyager platform. The survey’s findings revealed that 81% of respondents are more confident in the....
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A new survey has mapped out the sentiment of crypto holders towards the present market climate. It shows how most investors are looking at the market despite the recent crash. This survey from Deutsche Bank shows that more and more crypto investors are leaning towards holding for the long-term than selling. The majority have revealed that they would not sell their holdings even if cryptocurrencies lost a large chunk of their value. Holding Crypto For The Long-Term A recent Deutsche Bank survey titled “The Future of Cryptocurrencies” has found that more investors are leaning towards....
A new survey shows that the majority of nearly 1,000 investors who responded expect bitcoin’s price to drop to $10K. In addition, 28% of respondents expressed strong confidence that cryptocurrencies are the future of finance while 20% said they are worthless.
Investors Believe Bitcoin Could Fall to $10K
The latest Bloomberg MLIV Pulse survey, conducted from July 5-8, asked 950 investors who responded where they see bitcoin’s price heading.
Respondents were asked, “Which level will bitcoin trade at first? $10K or $30K.” According to the....
The decline of bitcoin over the last several weeks has raised concerns among investors in the space. The digital asset which had peaked at $69,000 had declined as low as $17,600 and continues to struggle to hold $20,000, dragging investor sentiment down with it. This same sentiment was shared by a polled group of Wall Street investors regarding how they viewed the digital asset. Mostly, investors do not see any bullish movement in the near future. Majority Says Bitcoin Is Going Down Out of the 950 respondents that were surveyed by MLIV Pulse, the majority revealed that they were not....
Ethereum continues to trend to the upside and seems poised to break above $1,600, in the short term. This would place the second crypto by market cap on track to push north of $1,700 and reclaims its early 2022 levels. Related Reading | Bitcoin Whale Exchange Inflows Still At Highest Ever Level, Will Recovery To $22k Be Lost? However, a recent survey published by Finder claims ETH’s price is far from hitting that price target. According to 54 industry experts interviewed for the survey, the second crypto by market cap will target $1,700 by the end of 2022. This would suggest ETH’s....