Study shows that 78% of the Americans are optimistic and expect a new all-time high for the Bitcoin price

Study shows that 78% of the Americans are optimistic and expect a new all-time high for the Bitcoin price

78% of Americans are optimistic that the Bitcoin price will reach a new record high, according to a current study. This optimism is partially nourished by the upcoming Bitcoin half, which is historically connected to new upward trends.

A survey of cryptovance among 1,000 Americans aged 16 or older who invested in cryptocurrencies showed that 78% of them actually believe that Bitcoin will achieve a new all -time high. 23% of these respondents assume that this will happen within the next year, while 47% expect it to happen within the next five years. Some even see the Bitcoin Prize over the $ 69,000 mark.

However, there is also a minority of 8%that doubts that Bitcoin will ever return to his former all -time highs.

The survey also examined the opinions of the participants about the broader cryptom market. About 75% are optimistic and believe that crypto prices will either remain stable or increase significantly in the next five years. In contrast, 16% are more pessimistic and expect prices to remain the same or even decrease.

In addition, 46.4% of those surveyed believe that Ethereum (ETH), the second largest cryptocurrency, will overtake Bitcoin in terms of market capitalization. Interestingly, 20.8% of the Dogecoin (Doge) surveyed consider a strong candidate with the best chances of overtaking Bitcoin's market capitalization.