Bullish on Bitcoin: Global Survey Respondents Anticipate BTC Price Spike to $60K and Beyond in 2024

A current worldwide survey by Bitget has illuminated the crypto market’s hopeful perspective, drawing insights from near 10,000 people throughout areas resembling West Europe, East Europe, Southeast Asia, East Asia, MENA, and Latin America. More than half of the contributors globally anticipate that bitcoin costs will hover between $30,000 and $60,000 in the course of the halving interval (round April 2024), whereas 30% foresee the worth exceeding the $60,000 mark.

Bitget Survey Shows High Optimism Among Crypto Investors

Bitget’s newest survey shared with Bitcoin.com News, uncovers a strong conviction in bitcoin’s capability to outdo its earlier peak by 2024, with 84% of buyers foreseeing substantial progress previous the forthcoming halving prevalence. The method adopted by Bitget for this survey facilitated an intensive grasp of the worldwide investor sentiment relating to crypto property.

Engaging almost 10,000 individuals from numerous areas, the research supplied a broad perspective on the anticipated future worth of bitcoin (BTC) and the crypto market at giant. This diverse group of contributors highlights the in depth enthusiasm and hope positioned in digital currencies as a authentic funding choice, mirroring a worldwide settlement on the probability of serious market growth.

The Bitget research on the impression of Bitcoin’s halving “gives beneficial insights into the evolving panorama of cryptocurrency funding,” Gracy Chen, Bitget’s managing director remarked. “The findings replicate a broad spectrum of expectations and funding plans, indicating that 2024 shall be a major yr for the bitcoin market.”

The survey’s outcomes underscore a dominant perception amongst buyers in bitcoin’s journey in the direction of new value highs. With the anticipation of the fourth reward halving event as a pivotal juncture, the bulk view this event as a crucial turning level for the premier cryptocurrency, probably propelling it to unprecedented ranges.

Such optimism is supported by historic patterns, the place earlier halvings have triggered notable market surges, solidifying the optimistic expectations held by the survey’s contributors. Beyond optimistic forecasts for bitcoin’s pricing, the survey additionally illuminated funding tendencies, with 70% of respondents aiming to bolster their crypto asset holdings within the coming yr.

This intention is especially pronounced amongst people from MENA and East Europe, displaying a extra pronounced eagerness to enhance their investments in digital currencies. Bitget’s survey moreover highlights a “short-term cautious, long-term optimistic” outlook amongst buyers from Western Europe.

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