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45% of S Korean Crypto Users Predict a Bitcoin Price Rise This Week

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Almost half of South Korean crypto holders think Bitcoin (BTC) prices will rise this week, a survey has found.The survey was conducted by the researcher Pharos Labs (Kratos) and the crypto market information provider Coinness – and reported by the media outlet CoinReaders.

The firms said they spoke to 2,000 people last week to gauge their opinions on the crypto market – with 45% predicting a BTC price rise.While almost 7% predicted a “sudden jump” in prices, not all were optimistic: 2% thought a “sudden sharp drop” was in the cards.And almost 14% said they were either “fearful” or “extremely fearful” about the markets in the week ahead.

But just under a third expressed “optimism” or “extreme optimism” about the week beginning March 6.The researcher asked the survey participants which tokens they thought needed to be sold in the week ahead.

Most (21%) answered Ethereum (ETH), with BTC behind at 17%, followed by XRP (10.5%).However, the answers were almost identical when the same participants were asked to identify which tokens would be worth buying in the week ahead.The participants were also quizzed about the crypto exchange Binance, which is still hotly tipped to enter the South Korean market by acquiring the Gopax exchange.

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