In a study, Genesis Mining investigates the bullishness of Bitcoin investors. But the results suggest that the majority of those surveyed tend to have conservative to bearish price prospects.
Genesis Mining is actually known for gigantic mining farms in Scandinavia as well as its cloud mining services. However, the company founded by the German Marco Streng has now turned to mapping the Bitcoin sector. In a recently published study, the company examines market sentiment among 1,000 Bitcoin investors. Mind you, the study participants were all Bitcoin investors with different allocations in BTC. A quarter has invested more than half of their assets in BTC, another 25 percent between 10 percent and 50 percent, 25 percent between one and ten percent and the rest less than one percent.
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