Bitcoin halving hopium: Study reveals 84% of investors expect new all-time highs

A market study surveying nearly 10,000 cryptocurrency investors suggests that the majority forecast new all-time highs for Bitcoin following the halving forecast in April 2024.

The fourth-ever Bitcoin halving is driving optimism for new all-time highs for Bitcoin (BTC), according to a market study involving nearly 10,000 cryptocurrency investors.

Data from a survey focused on investor sentiment and anticipation of Bitcoin’s next mining reward halving by cryptocurrency exchange Bitget reflects investor confidence around the highly anticipated event.

Results shared with Cointelegraph outline key findings of the study and its methodology, which aimed to draw from a representative sample of cryptocurrency investors worldwide. A range of demographics was covered, with participants hailing from countries in Western and Eastern Europe, South and Southeast Asia, the Middle East and Northern Africa, and Latin American regions.

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Source: https://cointelegraph.com/news/bitcoin-halving-hopium-study-reveals-84-of-investors-expect-new-all-time-highs