Wall Street institutions think that bad days are over for Bitcoin

Wall Street institutions and Twitter users have different views on Bitcoin. However, according to a recent survey, the more cautious institutions are more optimistic about Bitcoin than the individual investors.

Wall Street institutions think that bad days are over for Bitcoin

Fund Lee Lee, co-founder of Fundstrat, conducted a survey with 25 institutions during a recent dinner and compared his responses to the responses to a Twitter survey of 9,500 people. The majority of the institutions stated that the Bitcoin price had already “hit the bottom”, while most of the participants in the Twitter survey thought that the price would fall further.

On Twitter, terek When will Bitcoin reach the bottom? Bir to the question of a cut of only 44 percent, already came to a low level, responding said. However, 54 percent of the private dinner at the institutions for the price of Bitcoin said the worst days are over.

Institutions are also optimistic about the rise in Bitcoin price

The institutions were also more optimistic about the rise of the Bitcoin price. 57 percent of institutions, Bitcoin’ın until the end of 2019 from 15,000 dollars ’would come to the moon, he said. Twitter users were less optimistic about this. For this reason, the percentage of Twitter users who think like this is 40 percent.

The crypto asset class is very risky for caution and long term investors. Bitcoin’s price fell by more than 52 percent this year, after regulatory pressures on fundraising cheats, high-profile hackers and the lack of new buyers. Where assets can be safely stored is still largely unresolved issue. In the Fundstrat survey, the majority of respondents called central banks ç the most important macro factor affecting prices Fund.

The information in the content of the text is for informational purposes only. It does not constitute any investment advice.

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