Bank of America (BofA), the well-established bank of the USA, claimed that the increase in Bitcoin (BTC) and crypto money market will be limited in the near term.
BoFA a recently published in the research report, Bitcoin for individual investors (BTC) And cryptocurrency investment on the subject abstention due to the market your volume And increase stated that it will be limited.
from bank analysts Alkesh Shah And Andrew Moss, the current market will rise about low faith, sufficient lack of catalyst And the beginning of the year ongoing since your high performance for the cryptocurrency market at the macro level tough forms a basis and the price narrow One in December He said he was stuck.
In the report, hedge funds to invest in the market that you are back And from high momentum available on the market for a period of time until benefited from high momentum stated that they could.
Bank, individual investors low participation because of of volumes for a while to stay low He said he was waiting.
Also traditional financial companies And technology companies, demand deposits, repo agreements and bond their expulsions tokenized focused on blockchain applications in the report that it continues to create the details mentioned was among.