Half of investors "Bitcoin will rise this week"...38% "Virtual asset taxation will be postponed again"

▲ Crypto (cryptocurrency) ©CoinReaders

Half of domestic cryptocurrency investors expect the Bitcoin (BTC) market to be strong this week (May 11-15).

According to a regular weekly survey on domestic investor market trends jointly conducted by CoinNess and Kratos, 49.7% of respondents (29.6% last week) expected Bitcoin to rise or sharply increase this week. Respondents who expected consolidation accounted for 29.2% (29.8% last week), and those who expected a decline or sharp drop accounted for 21.1% (40.6% last week). Optimistic outlook increased significantly, while pessimistic outlook clearly decreased.

Amid the National Tax Service recently announcing that it is preparing to tax virtual asset income starting next year, when asked about the actual implementation, the largest number of respondents, 37.5%, answered, "It will be postponed again." Following this, 22.7% expected "the tax plan itself will be abolished," 21.8% expected "it will be implemented as scheduled," and 18% expected "it will be implemented after the deduction limit is raised."

The number of respondents in this survey was 2,000 and it was conducted from May 4th to 8th. 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 is not responsible for investment losses based on it. The content should be interpreted for informational purposes only.*