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Most investors believe in bitcoin’s growth in 2024

11:41 am, August 10, 2023

Cryptocurrency analyst PlanB asked his 1.8 million subscribers on platform X to answer when they think the active phase of growth for bitcoin and the entire digital asset market will begin. He offered three options to choose from:

  1. After the halving, as in previous times.
  2. There will be no growth in 2024 or 2025.
  3. I don’t know.

At the time of writing, almost 60% of the votes were cast for the first option. As a reminder, the next bitcoin halving will take place in the spring of 2024. According to the option that investors will not see growth in 2024 or 2025, 18% of the crypto strategist’s subscribers voted for the option that investors will not see growth in 2024 or 2025.

With the help of the survey, PlanB wanted to find out whether, in the opinion of the crypto industry, macroeconomic and other factors could change the timing of bitcoin’s reaction to halving. The results showed that the majority of the crypto community sees no reason to shift the bull run.

According to the analyst’s estimates, the digital asset market is at the beginning of a growth phase.

At the time of writing, the flagship crypto asset is worth $ 29,486 with a market capitalization of $ 573.98 billion. Traders made daily trading deals worth $ 14.39 billion. BTC’s market share is 48.8%.

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