A recently conducted poll revealed a division among crypto experts regarding Bitcoin's future course. Investors are discussing potential price fluctuations amid the current unstable market situation.
Current Bitcoin Market Situation
The poll indicated that 50.2% of respondents expect Bitcoin's price to fall to $94,000, while 49.8% predict a rise to $114,000. Currently, Bitcoin is trading at $104,522, allowing for both a 10% drop and a 9% gain.
Crypto Investors' Sentiment
The situation in the cryptocurrency market is negatively impacting investor sentiment. In the current month, the Fear & Greed Index changed from 'Greed' to 'Neutral' with a score of 54 out of 100. Current geopolitical events, particularly tensions between the US and Iran, have contributed to a sustained negativity.
Analysts' Predictions and Expectations
Some analysts claim that Bitcoin could surge to $250,000 by the end of the year, while others predict the possibility of a bear market following the current bull rally. At the same time, investment in Bitcoin ETFs continues to grow, with $388.3 million in inflows recorded over the past week.
The division of opinions on Bitcoin's future course underscores the uncertainty in the market. Investors should be aware of the risks and approach their investment decisions carefully.
