45% of Cryptocurrency Investors "Expect Bitcoin Bullish This Week"...76% "Market More Difficult Nowadays"

▲ Ethereum (ETH) and Bitcoin (BTC) ©Dasol Ko

Nearly half of domestic cryptocurrency investors predicted that the Bitcoin (BTC) market would be bearish this week (April 27 - May 1).

According to a regular weekly survey on domestic investor market trends conducted jointly by Coinness and Kratos, 44.8% of respondents (35.2% last week) predicted that Bitcoin would rise or surge this week. Respondents who expected a sideways trend accounted for 28.3% (33% last week), and those who expected a decline or sharp fall accounted for 26.9% (31.8% last week). Optimistic forecasts expanded, while the proportion of bearish and sideways forecasts clearly decreased.

When asked about changes in the difficulty of cryptocurrency investment due to the recent confusing market environment, including macroeconomics, the largest proportion, 40.5%, answered 'much more difficult.' Additionally, 35.3% answered 'somewhat more difficult,' bringing the total proportion of respondents who found it more difficult than before to approximately 75.8%. Among the respondents, 16.6% answered 'no different from before,' and the remaining 7.6% said 'it has become easier.'

The number of respondents in this survey was 2,000, and it was conducted from April 21-24. The sampling error is ±3.0%, and the confidence level is 95%. The survey institution is Pharos Labs.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*