Deutsche Bank survey: one-third of respondents expect bitcoin to fall below $20,000 by the end of the year

Sina Financial News According to a survey by Deutsche Bank, there is currently a huge divergence in consumer perceptions of Bitcoin, with about one-third of respondents expecting that by the end of this year, the world’s largest cryptocurrency will fall below $20,000, meaning a drop of about $50,000 from the current price and back to the level seen during the deep bear market in 2022, with only 10% of respondents believing that Bitcoin will exceed $75,000 by the end of the year. About 40% of respondents are confident in Bitcoin’s boom in the coming years, but 38% expect it to eventually disappear. At the same time, less than 1% of respondents consider cryptocurrencies to be a “momentary craze”.