Australian cryptocurrency investors remain optimistic about Bitcoin's future, with a significant proportion expecting prices to hit fresh highs over the coming months, according to new survey data from Binance Australia.
Binance Australia's latest user survey, which canvassed the views of 1,900 local users, found that more than a quarter (27.4%) anticipate Bitcoin will surpass USD $150,000 within the next six months. Nearly half (46.7%) expect the cryptocurrency to stabilise between USD $100,000 and USD $150,000 over the same period.
Bitcoin has nearly doubled over the past 12 months, reaching new all-time highs. The asset is increasingly viewed as a digital hedge comparable to gold, a trend that has grown stronger amid ongoing geopolitical uncertainty, concerns about inflation, and market speculation about future interest rate decreases.
This sentiment has translated into concrete investment intentions. Almost half of those surveyed (49.4%) reported plans to increase their Bitcoin holdings by the end of the year.
"There is a strong sense that this time is different. Bitcoin is riding a wave of momentum backed by strong tailwinds of increased institutional inflows, improved regulatory clarity, and more mainstream investor adoption," said Matt Poblocki, General Manager of Binance Australia & New Zealand.
Poblocki highlighted the continued strength of demand for digital assets and the sense among retail investors that the current cycle is distinct from previous bull runs. He added: "Bitcoin again set an all time high this month and it is clear that users who responded to the survey expect the price of Bitcoin to retain its current level and potentially push even higher."
The survey also revealed that the majority of respondents (62.7%) identify as long-term, buy-and-hold investors, suggesting that a significant proportion of the Australian crypto community remain committed to holding their assets over extended periods.
Poblocki contextualised this mindset, stating: "Bitcoin has become a mainstream investment asset, with a long-term track record and a clear role as a non-correlated asset in a broader diversified portfolio."
Altcoins diversifying portfolios
The Binance research indicates a rise in alternative cryptocurrencies, or altcoins, with altcoins accounting for 39.2% of the crypto market - a 10% rise in July. During this period, more users traded Ethereum than Bitcoin, reversing a trend in which Bitcoin's share of the market increased from approximately 39% in September 2022 to a peak of about 66% in July 2025.
Nearly nine in ten (86.1%) of Binance users surveyed now hold at least one crypto asset outside of Bitcoin, and more than half (57.8%) intend to increase their altcoin holdings in the coming half year.
"While Bitcoin remains the bellwether for assessing confidence in the crypto sector, altcoins and stablecoins provide alternative access points that allow investors to diversify their holdings and seek other return opportunities," Mr Poblocki said.
Poblocki also cited the broader utility of altcoins, noting that many enable features such as smart contracts, decentralised applications, or focus on attributes such as privacy, transaction speed, or interoperability. Ethereum, for instance, has gained traction for its smart contract capabilities.
Regulatory environment and banking access
The survey results show strong investor appetite for greater clarity and protections within the regulatory landscape. Respondents cited consumer protection, tax clarity, and improved banking options as regulatory priorities. Banking access in particular remains an issue, with 58.4% of participants expressing a desire for fewer restrictions on depositing funds into crypto exchanges.
Nearly one in five (22.7%) respondents reported switching banks to streamline the process of buying cryptocurrencies.
"De-banking adds significant friction to the buying and selling of digital assets, discouraging many, or worse still, sending others to transact in unregulated offshore jurisdictions," Mr Poblocki said. "It is important for the government, banks, and industry to come together to ensure Australian investors have seamless and secure access to the digital asset ecosystem, without unnecessary barriers that hinder fair participation."
