The cryptocurrency market has been experiencing a bearish period for a long time. BTC, which broke a record last year with a level of 64 thousand dollars, rose to the level of 69 thousand dollars by making its historical peak after experiencing a decline. However, as of June 18, it decreased to 17 thousand 622 dollars. It is currently believed to be in the recovery phase. However, Bitcoin predictions from Wall Street investors show otherwise.
Wall Street says Bitcoin will fall!
BTC, which fell to $ 17 thousand 622 last month, has recently been circulating between $ 18 and $ 22 thousand. The route he will take seems uncertain for now. Some crypto investors say they expect upward movement towards $30,000. Others state that they are waiting for another decline record to come.
The survey conducted with more than 950 Watt Street investors asked some questions about Bitcoin. At the beginning of these, the question of whether the new target of BTC is 30 thousand dollars or 10 thousand dollars attracted attention.
Cryptocurrency market ramps up: Bitcoin continues to rise
Bitcoin, which has been on the decline for a while, has started to rise again. The popular cryptocurrency, which is currently trading at $21,000, is recovering.
More than 60 percent of the respondents said that they believe Bitcoin will fall to the level of 10 thousand dollars, that is, a sale should be made. Nearly 40 percent stated that even if there is a small decrease, it will increase to 30 thousand dollars before reaching the level of 10 thousand, that is, they believe that there is a buying opportunity right now.
In fact, the survey showed that cryptocurrencies are a highly polarizing topic among respondents. 28 percent of respondents said that digital assets are the future of finance. But 20 percent said they were worthless.
On the NFT side, the situation looks a little bad. Because many investors who talked about this subject stated that they only saw them as art projects. Only 9 percent of these people think that digital collections can serve as a viable investment opportunity. In other words, 91 percent do not support investment in NFT.
Note: It is not investment advice.
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