While everyone is discussing whether Bitcoin and the crypto money market are dead in the 2018 bear market, “where should we buy?” in the 2022 bear market. We see that the answer to the question is sought. This shows us that the expectations for the future of the crypto money markets are still at a very high level.

A recent survey revealed that Chinese investors are waiting for new “troughs” to buy Bitcoin (BTC) and Ethereum (ETH). A survey conducted on Weibo, China's mixed Twitter and Facebook social media platform, with the participation of 2,200 people from the Chinese crypto community, focused on at what price investors would buy the bottom in Bitcoin and Ethereum.

   "In a survey of more than 2,200 people conducted in Chinese crypto community on Weibo, 8% of the voters believed that Bitcoin and Ethereum could be buy the dip when the price reached $18000/1000; 26% will buy in $15000/800; 40 % will buy in $10000/500."


According to the survey, 8% of the participants stated that they would buy Bitcoin and Ethereum at $ 18,000 and $ 1,000, respectively, while 26% of the participants voted that they would consider investing when Bitcoin fell to $ 15,000 and Ethereum to $ 800.


The survey revealed that 40% of the respondents would buy the bottom at $10,000 for Bitcoin and $500 for Ethereum. While some analysts think that prices may fall to the levels in the survey, Bitcoin supporters believe that the current drop in the market is the right time to buy.

According to CoinGecko data, at the time of writing, Bitcoin, which has lost 3.9% in the last 7 days, is trading at $ 19,759, and Ethereum (ETH), which has lost 9%, is trading at $ 1.080.