Cryptocurrency Investors: 45% "Expect Bitcoin Bullish This Week"... 76% "Market More Difficult These Days"

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

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

According to a regular weekly survey on domestic investor market trends jointly conducted by CoinNess and Kratos, 44.8% of respondents (35.2% last week) predicted that Bitcoin would rise or sharply rise this week. Respondents who expected sideways movement accounted for 28.3% (33% last week), and those who expected a decline or sharp decline accounted for 26.9% (31.8% last week). The optimistic outlook expanded, while the proportion of bearish and sideways outlooks significantly decreased.

When asked about changes in the difficulty of cryptocurrency investment amid recent confusing market conditions such as macroeconomics, the largest group, 40.5%, answered 'much more difficult'. Following this, 35.3% answered 'somewhat more difficult', bringing the 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'.

This survey included 2,000 respondents and was conducted from April 21st to 24th. The margin of error is ±3.0%, and the confidence level is 95%. The survey was conducted by 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.*