Tuesday reports on a recent survey by Deutsche Bank:
- a third of respondents to the survey expect BTC to drop below $20,000 by the end of 2024
- around 10% see Bitcoin stabilizing between $20,000 to $40,000
- about 25% see levels above $40,000
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I wonder how much of the dire outlook is based on the recency effect of the sell-the-fact for the crypoto after the spot ETF approval news?
Might be time to start scooping it up again!
This article was written by Eamonn Sheridan at www.forexlive.com.