A recent poll initiated by MicroStrategy chairman and cofounder Michael Saylor reveals a strong bullish sentiment within the crypto community, anticipating a significant price boom for Bitcoin in the next ten years. The poll asked participants about their expectations for Bitcoin's annual appreciation in USD, with nearly half of respondents expressing extreme optimism.

The results show a significant divide in expectations, with 22.4% predicting a steady rise of 10% to 19% annually, 18% expecting an annual surge of 20% to 29%, and 10.8% anticipating a 30% to 39% increase each year. However, a whopping 48.8% envision a staggering 40% annual appreciation for over a decade, indicating a strong belief in Bitcoin's potential for long-term growth.

This optimistic sentiment comes despite Bitcoin's current downturn, with the cryptocurrency experiencing a significant decline near $60,000. The drop reflects lower demand for Bitcoin exchange-traded funds and monetary policy concerns, particularly about the Federal Reserve's ability to quickly reduce interest rates from a two-decade high.

Despite the short-term decline, the crypto community remains bullish on Bitcoin's long-term potential, with Saylor's poll reflecting expectations for significant growth over the next decade. As the community keeps a close watch on Bitcoin's price movement, the poll results suggest a strong belief in the cryptocurrency's ability to overcome current challenges and reach new heights.

In conclusion, the Bitcoin community's expectations for significant growth in the next ten years indicate a strong belief in the cryptocurrency's potential for long-term success. Despite current challenges, the poll results suggest a bullish sentiment that could propel Bitcoin to unprecedented levels in the future.