The post Only 49.3% of crypto investors remain bullish post Bitcoin halving – CoinGecko Survey appeared on BitcoinEthereumNews.com.

Just two months after the Bitcoin halving, the crypto market sentiment has become fragmented, with no solid consensus. According to a recent survey by CoinGecko, 49.3% of crypto participants remained optimistic about the market, despite the drop that has reversed the early post-Halving rise.  Also Read: Bitcoin whales added 71K BTC to their wallets this week The survey, which included 2,558 participants, was carried out over the last two weeks, from June 25 to July 8. Specifically, 26.1% of survey respondents were moderately bullish, somewhat more than the 23.2% who were extremely bullish.  Source: CoinGecko Post-Halving sentiment survey of 2,558 crypto participants (Jun 25 – Jul 8, 2024) Among these participants, 26.1% were somewhat bullish, while 23.2% were completely bullish. Interestingly, 25% of participants took a neutral market stance. On the other hand, 25.2% of participants showed pessimistic attitude. This bearish group was about evenly divided, with 13.4% moderately bearish and 11.8% very bearish. Breaking down the sentiments by participant type, investors were the most optimistic, with 54.1% positive and only 20.7% pessimistic. Builders in the space followed closely, with 47.6% bullish and 31.6% pessimistic attitudes. Traders had mixed sentiments, with 39.0% bullish and 33.5% negative, probably due to their short-term market emphasis. Also Read: Bitcoin Markets: Michael Saylor tells the German Government, ‘You do not sell your Bitcoin’ Among those who took the survey, 69% identified as crypto investors with mostly long-term holdings, 18% as traders with predominantly short-term holdings, 7% as builders, and 6% as sidelines spectators.  In terms of how long individuals had been in crypto, 46% were in their first cycle (0 to 3 years), 41% in their second cycle (4 to 7 years), and the rest were veterans with 8 or more years of experience. Geographically, 90% of participants said they were headquartered in Europe,…

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Filed under: News - @ July 13, 2024 9:22 pm