Express

Survey: Most Money Managers Believe Bitcoin's Price is Likely to Drop 50% Within the Next 12 Months

Summary: Most money managers surveyed by Deutsche Bank believe Bitcoin's price is more likely to drop 50% than double within the next 12 months. And they think Bitcoin could be a bubble. Not everyone is sure the market is in bubble territory. According to Pantera’s Dan Morehead and Joey Krug, if historical trends hold, “Bitcoin would peak ...

Most money managers surveyed by Deutsche Bank believe Bitcoin's price is more likely to drop 50% than double within the next 12 months. And they think Bitcoin could be a bubble. Not everyone is sure the market is in bubble territory. According to Pantera’s Dan Morehead and Joey Krug, if historical trends hold, “Bitcoin would peak at $115,212 /BTC in August 2021.”

By Amy Liu

Last Update:

Tags: ,,
Link: Survey: Most Money Managers Believe Bitcoin's Price is Likely to Drop 50% Within the Next 12 Months   [Copy]
Next:

Related Articles

  • Bitcoin DeFi and Layer 2s: The Next Trillion-Dollar Opportunity? 7 days ago
  • Is the Crypto Bull Market Over? 8 days ago
  • EIGEN Airdrop: The Evolution of Ethereum 9 days ago
  • The Endgame of Layer 2s, Explained 12 days ago
  • The Bitcoin Halving is Complete! What’s Next? 19 days ago

    • You need to login to comment.