Almost 60% of the participants in the survey from the popular blogger PlanB answered that they believe in the beginning of a bull market after the halving in the network of the first cryptocurrency in 2024.
Data: X.
“Will the Bitcoin halving in April 2024 lead to a new bull market like the 2012, 2016 and 2020 halvings did? Or is it a different case (due to macroeconomics, interest rates, the environment or other reasons) and there will be no bull market in 2024-2025?” PlanB asked subscribers.
At the time of writing, 17,329 people have taken part in the survey. The answers were distributed as follows:
59.9% – bull market after halving, again; 17.3% – no bull market in 2024-2025; 22.9% – I don’t know.
Earlier, JPMorgan analysts said that the upcoming halving in the Bitcoin network will be a decisive test for miners due to lower block rewards and rising costs.
Recall that in August, Blockstream CEO Adam Back predicted an increase in the price of the first cryptocurrency to $100,000 before the halving. He bet one million satoshis (0.01 BTC) on it.
Markus Thielen, head of research at Matrixport, has predicted Bitcoin will rise to $125,000 by the end of next year. Analysts at Standard Chartered came to a similar conclusion – $120,000 in 2024.
Subscribe to ForkLog on social networks
Found a mistake in the text? Select it and press CTRL+ENTER
ForkLog Newsletters: Keep your finger on the pulse of the bitcoin industry!
2023-08-09 09:52:53
#Poll #investors #expect #Bitcoin #rally #halving
