The Bitget exchange surveyed users and found that the majority of investors are positive about the long-term prospects of digital currencies.
The survey included 9,748 people living in Eastern and Western Europe, Southeast Asia, the Middle East and Latin America. These investors believe that the halving, scheduled for April 2024, will have a big impact on the value of bitcoin.
84% of respondents predict that as a result of the halving and increased demand, the cryptocurrency will reach a new high. That is, it will exceed $69,000. However, the market will not immediately react to the reduction in the reward of miners. The effect will be gradual.
More than 50% of respondents are confident that BTC will trade between $30,000 and $60,000 in the coming months after the halving.
Approximately 70% of survey participants said they intend to increase their investments in cryptocurrency.
A similar survey in Europe was previously conducted by the exchange Binance.
According to its data, about 73% of eurozone residents believe that digital currency will become more expensive in the coming years.
About 55% of respondents said that they have had time to test the possibilities of bitcoin and other digital assets.