The results of the Bitcoin Investment Survey conducted by PlanB were clear.
Leading cryptocurrency Bitcoin has been stuck at between $9,000 and $10,000 for almost 70 days, and BTC‘s volatility has tumbled to recent 12-month lows. This sluggish state of Bitcoin, which previously fell to $3,700 in March and posted a rapid outflow to $10,000, is also causing uncertainty and stagnation in investors.
While many Bitcoin investors are waiting for the market to move for the moment, people are wondering what the sector, in general, is doing. In fact, the direction of Bitcoin whales and institutional investors ‘ positions could prove decisive for individual investors. PlanB, one of the most well-known analysts in the cryptocurrency sector, also made significant findings in a survey to understand the direction of the market.
Bitcoin Survey Results Announced
The results of the giant survey conducted by PlanB, which reached a total of 13,813 votes, were announced. According to the results, 84% of investors are considering not giving up bitcoin on their hands for the time being, and HODL is embracing his preference. While 18.3% of investors continued to buy Bitcoin at that price, only 3.9% started selling Bitcoin.
And 12.2% of investors don’t have any Bitcoin positions because of the uncertainty and prefer to wait. In a statement on the issue, PlanB stressed that BTC sellers had taken such a step to buy altcoin in their opinion.
