65% of Investors "Bitcoin will fall this week"...Strategy's sale evaluation is mixed

▲ Bitcoin plunge/ChatGPT generated image ©

Seven out of ten domestic cryptocurrency investors predicted that the Bitcoin (BTC) market would be weak this week (July 6-10).

According to a regular weekly survey of domestic investor market trends conducted jointly by CoinNess and Kratos, 12.1% of respondents (16.8% last week) predicted that Bitcoin would rise or surge this week. 22.9% of respondents (23.3% last week) expected sideways movement, while 65% (59.9% last week) expected a decline or sharp drop. Bullish forecasts decreased compared to the previous week, and pessimistic forecasts clearly increased.

When asked how they viewed the announcement of a 'sale plan' by Strategy, the world's largest Bitcoin-holding company, which had previously stated it would never sell Bitcoin, the largest number of investors, 34.8%, responded, 'It's a natural progression, and it's already reflected in the price.' Following that, 29.1% said, 'It's a serious negative factor, and the price will drop further,' 19.6% said, 'It's rather a positive factor as the financial structure has become more robust,' and the remaining 16.5% predicted, 'It has no impact on Bitcoin.'

The survey involved 2,000 respondents and was conducted from July 1st to 3rd. The sampling error is ±3.0%, and the confidence level is 95%. The survey institution is 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.*