A survey has revealed that cryptocurrency investors expect the market to peak in the second half of 2025.
Global surveyed 77 leading crypto investors, venture funds, hedge funds, and high net worth individuals to give their crypto bull market predictions.
According to the survey, nearly half of investors expect the bull market to continue through 2025, with the market peaking in the second half of the year.
"This is a very common sentiment, and we're already seeing a lot of market pressure," said Tom Dunleavy, managing partner at Global.
"This appears to be reflected in the market," MV Global said in a statement. Bitcoin is expected to reach between $100,000 and $150,000.
Investors predicted bullishness for Solana in particular. According to the survey, 30% expect to buy or sell Solana before the end of this cycle.
"Solana is an asset that is universally viewed positively by nearly every investor we've met," said Tom Dunleavy.
Outlook for Ethereum is mixed, with roughly a third of survey respondents expecting ETH to post a moderate rise between $3,000 and $5,000, while others expect it to hit $1,000.
A third predicted ETH could rise as high as $7,000 before the cycle ends. Tom Dunleavy wrote, "The bullish outlook for Ethereum is definitely in the contrarian camp."
He said.
2024/11/12 12:47 KST
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