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$20K scare for Bitcoin in Deutsche Bank survey
While there is a serious debate about where the price of Bitcoin will go after the adoption of spot ETFs, Deutsche Bank has also conducted a very important survey. The bank's survey of small investors revealed interesting results.
While 10% of the participants stated that Bitcoin will remain between $20,000 and $40,000 for the rest of the year, 25% said they think it will be above $40,000.
The U.S. side is pessimistic
In the research of the bank, which diversified its survey regionally, it was seen that US citizens were the most pessimistic people. The majority of Americans said that Bitcoin would fall below $20,000. The overall proportion of those who said that the largest cryptocurrency would go to this level by the end of 2024 was 1 in 3.
The European side, on the other hand, had a much more optimistic outlook, with the majority saying that they did not think the $20,000 level would be seen.
Bitcoin, which fell to the level of 38 thousand dollars for the first time in a long time yesterday, is trading at approximately 40 thousand dollars in the minutes of writing.
Published: January 24, 2024 10:51 am