Deutsche Bank survey shows a third of respondents expect Bitcoin under $20,000 by end 2024

Tuesday reports on a recent survey by Deutsche Bank:

  • a third of respondents to the survey expect BTC to drop below $20,000 by the end of 2024
  • around 10% see Bitcoin stabilizing between $20,000 to $40,000
  • about 25% see levels above $40,000

I wonder how much of the dire outlook is based on the recency effect of the sell-the-fact for the crypoto after the spot ETF approval news?

Might be time to start scooping it up again!