Leading cryptocurrency Bitcoin While it reached the new ATH after the rally in March, it fell to $ 60,000 in the subsequent decline.
BTC While continuing its volatile movements The striking results of the survey conducted by German banking giant Deutsche Bank were announced.
According to Reuters, Deutsche Bank announced the results of its survey of more than 3,600 consumers and found that 52% of respondents said they think cryptocurrencies will be “an important asset class and method of payment transactions” in the future. Less than 40% of respondents thought so in the September 2023 survey.
survey One-third of respondents stated that they expect Bitcoin to fall below $20,000 by the end of 2024. This figure was 35% in February and 36% in January.
In this regard in the survey report “The decline in the number of decliners indicates that consumers are becoming slightly less skeptical of Bitcoin.” expressions were used.
While the number of those who think cryptocurrencies like BTC are “coins and a fad that will eventually disappear” dropped below 1%, the number of bullish ones remained relatively low.
Because the survey Only 10% of respondents said they expect Bitcoin to be above $75,000 by the end of the year.
Finally, Deutsche Bank analysts said they expect the Bitcoin price to be supported by the upcoming “Bitcoin halving,” as well as cryptocurrency regulations, possible FED interest rate cuts, and expectations that the SEC will approve spot Ethereum ETFs.
*This is not investment advice.
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