# 84% of Investors Expect Bitcoin to Reach New All-Time High, Survey Finds

**Summary:** According to Bitget, 84% of survey participants predict that Bitcoin (BTC) will hit a new all-time high in 2024. The survey also reveals that approximately 70% of investors plan to increase their cryptocurrency investments in anticipation of the next bull run.

An analysis of anonymized data conducted by Bitget focused on investors’ perceptions of Bitcoin’s upcoming halving and how this influences their investment decisions. The survey results indicate a strong bullish sentiment towards BTC, particularly in anticipation of its potential to reach new highs in 2024.

According to Bitget’s Managing Director, Gracy Chen, the study provides valuable insights into the evolving landscape of cryptocurrency investment, pointing towards 2024 as a significant year for the Bitcoin market.

The survey involved 9,748 individuals from various global regions and highlighted several predictions and expectations regarding Bitcoin’s price movements pre and post-halving.

**Bitcoin’s Potential and Analyst Predictions**

The majority of respondents foresee Bitcoin’s price surpassing its previous all-time high, with over 50% predicting BTC to range between $30,000 and $60,000 by the halving, expected around April 2024. Additionally, 55% of participants believe Bitcoin will be priced between $50,000 and $100,000 post-halving in 2024, with some anticipating a surge beyond $150,000.

On February 1, 2024, Bitcoin traded at $42,700, showing a 6.9% increase over the past week. Despite declines in January, analysts at Standard Chartered Bank remain positive, predicting that BTC could rally to highs of $120,000 by the end of 2024.

**FAQ**

**Q: What percentage of survey participants predict Bitcoin will hit a new all-time high in 2024?**
A: According to the survey conducted by Bitget, 84% of participants believe Bitcoin will surpass its previous all-time high.

**Q: How many investors plan to add to their crypto investments in anticipation of the next bull run?**
A: Around 70% of the survey respondents expressed intentions to increase their cryptocurrency investments as they anticipate the next bull run.

**Q: What are the majority of respondents’ predictions regarding Bitcoin’s price post-halving in 2024?**
A: Over 50% of respondents anticipate Bitcoin to be priced between $30,000 and $60,000 by the halving, with 55% predicting a price range of $50,000 to $100,000 post-halving in 2024.

**Q: What is the current price of Bitcoin and what are the predictions for its future price movements?**
A: As of February 1, 2024, Bitcoin traded at $42,700, and analysts at Standard Chartered Bank predict that BTC could rally to highs of $120,000 by the end of 2024.