Popular cryptocurrency exchange Bitget published a study focusing on how the Bitcoin halving affects investment decisions.
bitget, in May 2024 He shared a comprehensive study on the expected Bitcoin halving and its impact on investment decisions.
According to this published study, investors 70% He stated that they plan to increase their cryptocurrency investments in the coming period. However, investors 84% is the all-time high in the next bull market. $69,000 predicted that the level would be exceeded.
55% of investors say Bitcoin price will decline in the next bull market 50 thousand to 100 thousand dollars He stated that he would watch in a band between.
Expectations for a breakout of the all-time high Latin America, East Asia And Southeast Asia While it was seen more clearly in the European markets, a cautious atmosphere prevailed in the European market. Western European investors, in particular, shared that they have a “short-term cautious, long-term optimistic” sentiment.
Globally, more than half of investors expected the Bitcoin price to increase during the halving in May. 30 thousand to 60 thousand dollars While predicting that it will be located between 30% if the price over $60,000 He noted that it would happen.
Making a statement about this detailed report, Bitget General Manager Gracy Chen said that the resulting data 2024 will be an important year for Bitcoin He stated that:
Bitget study on Bitcoin halving effects provides valuable insight into the evolving landscape of cryptocurrency investments. The findings reflect a wide range of expectations and investment plans and suggest that 2024 will be an important year for the Bitcoin market. We are pleased to see such positive sentiment emerging as market conditions continue to improve. At Bitget, we strongly believe in Bitcoin’s potential to become a truly global value. As a leading exchange, we aim to do our part in contributing to the growth and development of the Bitcoin ecosystem through innovative product offerings, educational resources, and unwavering support from the community. The road ahead remains bright, and we look forward to empowering more investors and institutions to join Bitcoin’s ongoing success story.