Huobi: the total capitalization of the cryptocurrency will grow in April

The daughter of the former Huobi-exchange Huobi Research - conducted a survey among 2000 people from 23 different countries to understand the general mood in the cryptocurrency market. The results of the survey showed that almost 78% of respondents believe in the future growth of the value of most cryptocurrency in the next three years. Despite the sharp collapse of the market in early 2018, more than half of respondents are convinced that the total capitalization of the cryptocurrency will grow in April. Only 26% of respondents believe that it will continue to decline in the next month.

The survey was conducted through questionnaires distributed on the Internet. Positive and negative sentiments were suggested to be expressed in points from 0 to 100, where 50 meant that market capitalization would remain unchanged.

According to the poll, the positive index of investor sentiment relative to capitalization growth in April is 71.7%. In the growth of capitalization in the short term, 61.1% of investors believe, 76.4% voted for the medium term, and about 87.5% said about the long-term. The Huobi report also contains information that 77.9% of investors expect over the next three years the growth of cryptocurrencies by more than 30%.

At the same time, 55.6% of respondents believe that the capitalization of the cryptocurrency will increase in May, with the highest percentage of voters indicating a slight increase, to 29.6%. 26.4% hold a more pessimistic view, believing that capitalization will decline in April.

Among the investors surveyed, 14.9% have a pessimistic mood regarding the market movement over the next three months, 88.8% in the long term are optimistic.