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Deutsche Bank survey Onethird of retail investors believe Bitc

Date:2024-04-10 19:50:14 Channel:Trade Read:
In the latest survey by Deutsche Bank, it was found that one-third of retail investors are worried about the future performance of Bitcoin and believe that its price may fall below $20,000 by the end of the year. This data aroused market attention and heated discussion, and also highlighted the uncertainty and volatility of the cryptocurrency market. Let’s dive into the reasons behind this phenomenon and the possible impact on the market.
Retail investors are an integral part of the market, and their emotions and behaviors often have an important impact on market trends. When so many retail investors express concerns about Bitcoin’s price, it could mean market confidence is wavering. As a highly volatile asset, Bitcoin's price fluctuations are affected by a variety of factors, including market supply and demand, macroeconomic conditions, regulatory policies, etc. Sentiment swings among retail investors tend to amplify market movements, so their concerns cannot be ignored.

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Bitcoin price volatility has been under the spotlight over the past few years. From the sharp rise and fall in 2017 to the recovery in 2020, the fluctuations in Bitcoin prices have made investors sometimes restless and sometimes full of confidence. However, retail investors' concerns that the price of Bitcoin may fall below $20,000 in the future may stem from some recent market changes and signals. For example, factors such as the strengthening of cryptocurrency supervision by global central banks, restrictions on the activities of Bitcoin miners, and changes in market expectations for inflation may all have an impact on Bitcoin prices.
In this case, investors need to look at the market more rationally and calmly. As an emerging asset, Bitcoin's price fluctuations are normal, but excessive panic and blind following the trend often lead to losses for investors. Therefore, it is crucial for retail investors to keep abreast of market dynamics, maintain rational investments, and diversify risks. At the same time, regulatory authorities and platforms should also strengthen risk warnings and investor education to guide investors to form correct investment concepts and risk awareness.

Coin Circle (120bTC.coM): After 11 Bitcoin spot ETFs including BlackRock were approved for listing by the U.S. Securities and Exchange Commission (SEC) earlier this month, Deutsche Bank
Bank) conducted a latest survey of 2,000 retail investors in the United States, the United Kingdom and Europe, asking them for their views on the trend of Bitcoin.

However, the survey results show that more than one-third of retail respondents expect Bitcoin to fall below $20,000 before the end of this year, and only 15% of retail respondents expect the price of Bitcoin to drop below $20,000 by the end of this year. , will reach between US$40,000 and US$75,000.

It is worth noting that more respondents believe that Bitcoin will disappear in the future rather than continue to exist. 39% of respondents believe that Bitcoin will continue to exist in the next few years, but as many as 42% of respondents believe that Bitcoin will continue to exist in the next few years. "Bitcoin is expected to disappear."

Deutsche Bank said that the cryptocurrency winter may not be over yet, because more than half of the respondents expressed concern that Bitcoin may collapse within the next two years. This pessimism may be related to past thunderous events, such as the collapse of FTX and the collapse of Terra. Etc., the United States’ continued regulatory crackdown on cryptocurrencies is also seen as a threat.

Deutsche Bank added that the survey also found that retail investors lack understanding of cryptocurrencies, with up to two-thirds of respondents having little or no understanding of cryptocurrencies.

 **Institutional investors are optimistic**

Compared with the pessimistic attitude of retail investors towards Bitcoin, institutional investors are very different. The founder of Ark Investment, known as the "Female Stock God", boldly predicted earlier this month that with the SEC's approval of Bitcoin spot ETFs, The basic price of Bitcoin will reach 600,000 US dollars, and in a bull market situation, it will even reach 1.5 million US dollars in 2030.

Tom, the founder of Fundstrat and a well-known Wall Street analyst known as the “Bitcoin Bull”
Lee predicted that the price of Bitcoin may reach US$100,000 or US$150,000 in the next 12 months, and due to the deflationary nature of Bitcoin and the buying demand brought by ETFs, Bitcoin may even jump in the next five years. to $500,000.

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