Risky or Promising? What Do The World’s Leading Financial Giants Think About Bitcoin (BTC)?

As it is known, the financial services giant “fidelityIn a report he prepared recently, he discussed the positive feedback that Bitcoin loyalty provides to countries. In the aforementioned report, it was claimed that countries that adopt BTC early will be in a better position than their competitors.

“Early Acting Will Win!”

Fidelity researchers believe that a theory of international competition between countries has emerged and that Bitcoin early adopters are poised to benefit greatly.

bitcoin If its use increases, it will be considered by every country as a form of insurance, regardless of whether countries believe in crypto as a form of investment. bitcoin Stating that it will become mandatory to buy Bitcoin, experts state that more sovereign nation states will accelerate the race to buy Bitcoin in 2022 to take advantage of this early adoption.

From this point of view, it would not be wrong to say that El Salvador, which has received a great reaction with the Bitcoin move, will be one step ahead of other countries.

On the other hand, the world’s leading banks continue to publish their 2021 reports one after another. 4 of the world’s leading banks have expressed their views on Bitcoin. US banks paint a positive picture for BTC, but Switzerland-based UBS Bank however, did not make a very promising assessment.

The downward movement that BTC has been in for a while forces leading cryptocurrency investors to wait, but many experts believe that this negative trend of BTC will end in the new year.

What Do Banks Think?

US-based Goldman Sachs, JPMorgan and Bank of America; He made positive predictions in his latest report on Bitcoin. Goldman Sachs 100 thousand, JPMorgan While sharing price predictions of $ 146 thousand, he announced that he started work in the field of crypto assets in October 2021. Bank of America On the other hand, he stated that the crypto industry is too big to be ignored at the point we have reached today.

Despite all these positive opinions of US origin banks, UBS Bankhasn’t taken a step back from its previous negative comments. The bank insists that Bitcoin will continue its bearish movements in the new year and that the crypto sector is an extremely risky investment tool.

Mark Haefele, Chief Investment Officer at UBS Bank, described the cryptocurrency industry as a ready-to-explosion bomb while supporting the technology behind cryptocurrencies, saying, “We find direct exposure to cryptocurrencies and coins only feasible for investors with a high tolerance for risk.” He stated that they especially think that Bitcoin is extremely speculative.

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