Wall Street survey expect bitcoin below $ 30,000 by the end of the year

Poll: Wall Street expect bitcoin below $ 30,000 by the end of the year

44% of the participants in the CNBC survey of institutional investment managers believe that Bitcoin will close 2021 with a price below $ 30,000.

25% of respondents believe that the first cryptocurrency rate at that time will reach $ 40,000. A similar share of respondents has chosen a level of $ 50,000, and only 6% predicts that bitcoin will close a year at $ 60,000.

Investment directors, promotions and portfolio management strategists in the amount of about 100 people take part in the quarterly survey of the CNBC.

Discussing the results, the leading television channel generally agreed with the short -term forecast for the price of leading cryptocurrency and noted that even $ 30,000 for the end of the year will remove many fears of market participants, setting the long -term bottom.

The first cryptocurrency of the beginning of 2021 with quotes just below $ 30,000. Maximum at levels above $ 64,000, the price reached in April. In May, the rate collapsed below $ 40,000.

At the time of writing, bitcoin is traded in the area of ​​$ https://gagarin.news/ 34,000.

Recall that JPMorgan analysts did not exclude the fall of digital gold prices to $ 25,000. Guggenheim Partners Investment Director Scott Minerd believes that the rate will decrease more radically – to $ 15,000 or even $ 10,000.

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