Crypto investors expect Bitcoin to trade in a $17,600–$25,000 range by year-end 2022

Most of the MLIV Pulse cryptocurrency investors surveyed expect Bitcoin to trade in a range of $17,600–$25,000 by the end of 2022, according to Bloomberg.

Almost two-thirds (65%) of retail investors described regulation of the crypto industry as more attractive than off-putting as a factor for buying digital assets. Among professionals, the figure stood at 56%.

Only a third of respondents allowed for the possibility of the flippening — Ethereum surpassing Bitcoin in market capitalization — in the next two years.

When asked to choose a single word to describe the crypto industry, investors nearly split between the polar options: ‘Ponzi’ and ‘the future’.

The survey was conducted from October 17 to 21 among 564 respondents.

Earlier, Bitcoin maximalist and MicroStrategy founder Michael Saylor forecasted a new all-time high for the price of the first cryptocurrency within the next four years.

Earlier in October, investor and star of the television show Shark Tank Kevin O’Leary said that the prices of digital gold would resume rising after the passage of a bill regulating stablecoins.

In the same month, Galaxy Digital founder Mike Novogratz allowed that the bear market could continue for another six months.

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