Bitcoin Market Sentiment: Investors Weigh In on Price Movement and Regulatory Outlook

According to a recent weekly domestic investor market trend survey conducted by Coinness and Kratos, a significant portion of respondents (36.0%) predict that Bitcoin will rise or surge in the coming week. This marks a slight increase from the previous week’s 33.2%. Meanwhile, 43.0% of respondents anticipate a sideways movement, while 21.0% expect a decline or sharp drop.

When asked about market sentiment, nearly half of the respondents (49.9%) described their outlook as neutral. A notable 28.4% expressed optimism or extreme optimism, while 21.7% reported feeling fear or extreme fear.

The survey also gauged respondents’ opinions on the potential dismissal of Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), in the event that Vice President Kamala Harris wins the November presidential election. A majority (38.5%) believe that Gensler will not be dismissed, while 33.6% predict his removal. The remaining 27.9% think that Gensler will serve out his term due to procedural reasons.