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30% believe Bitcoin will fall below 20K! Deutsche Bank survey: More than 50% believe cryptocurrency is the future!

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2024-04-14 09:25:26901browse

30% believe Bitcoin will fall below 20K! Deutsche Bank survey: More than 50% believe cryptocurrency is the future!

According to Reuters, Deutsche Bank surveyed more than 3,600 consumers in this cryptocurrency poll.

52% of the respondents said that cryptocurrency will become an "important asset class and payment method" in the future.

In the September 2023 poll, less than 40% of the respondents were optimistic about crypto assets.

There are still 30% of respondents who believe that Bitcoin will fall to 20K

The respondents who are bearish on Bitcoin are gradually shrinking as the price of BTC rises. In January, 36% of the respondents in the United States Investors believe that Bitcoin will fall below $20,000, which was 35% in February and only 30% remains now.

Respondents pointed out that as the public views the successful listing of Bitcoin spot ETFs as a way to be accepted by traditional financial and regulatory agencies, cryptoassets have gained higher adoption.

However, although Bitcoin is currently only one step away from US$75,000, only 10% of the respondents predict that Bitcoin will close at a price above US$75,000 by the end of the year.

In addition, 1% of respondents believe that cryptocurrency is just a short-lived trend that will disappear over time.

Deutsche Bank seems to be quite active in its layout in the encryption field. In June last year, the regulatory agency applied for a license to operate digital assets (such as cryptocurrency) custody services.

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