Deutsche Bank survey: BTC will fall below $20,000 by the end of this year
According to a survey by Deutsche Bank, there is a divergence in consumer expectations for the longevity of Bitcoin, with about one-third of people expecting BTC to fall below $20,000 by the end of this year. This would result in a reduction of about $50,000 from the current price of the token and bring it back to the levels of the deep bear market in 2022. Among the over 3,600 people surveyed, only 10% believe that Bitcoin will exceed $75,000 by the end of December. About 40% of respondents are confident in the robust development of Bitcoin in the coming years, but 38% expect it to disappear. Meanwhile, a survey conducted in March showed that less than 1% of people believe that cryptocurrencies are a fashion trend.
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