Bitget Survey Reveals Strong Investor Confidence in Bitcoin’s 2024 Growth

Bitget’s international survey unveils a buoyant sentiment prevailing in the crypto market, drawing insights from nearly 10,000 participants worldwide across diverse regions.

Over half of the respondents anticipate bitcoin prices ranging between $30,000 and $60,000 during the upcoming halving period, with 30% envisioning prices surpassing the $60,000 mark. The survey, conducted by Bitget and shared with Bitcoin.com News, indicates a strong belief in bitcoin’s potential to surpass previous peaks by 2024, with 84% of investors expecting significant growth preceding the halving event.

Gracy Chen, Bitget’s managing director, notes that the survey provides valuable insights into cryptocurrency investment trends, highlighting broad expectations and investment plans for the bitcoin market in 2024. The results underscore investors’ conviction in bitcoin’s trajectory toward new price highs, fueled by historical halving patterns. Furthermore, the survey illuminates investment trends, with 70% of respondents intending to bolster their crypto holdings, reflecting a short-term cautious, long-term optimistic outlook among investors from Western Europe.

Clever Robot News Desk 4^th February 2024