CNBC has conducted a survey of a group of stock market strategists and investment portfolio managers to understand how investors feel about the price of bitcoin. Forty-four percent of those polled say the price of bitcoin will fall below $ 30,000 by the end of the year.
to the the report CoinTelegraph, Throughout the historic ups and downs of the Bitcoin price, investors have tried to use traditional tools and symbols to understand the price fluctuations of this digital currency; But they have never succeeded.
In this regard, CBC News Network conducted a survey among a group of portfolio managers and stock market strategists to find out their inner feelings about Bitcoin. They asked the survey participants the question “Where will Bitcoin go by the end of the year?” Answer. Cyanebi Network’s Squawk Box program reported the result as follows:
44. [از شرکتکنندگان] It is said that bitcoin will fall below 30,000 and will remain at the same price; But others are more optimistic.
Of the remaining 56%, 25% predicted that the price of Bitcoin would rise to $ 45,000, while another 25% believed that the price of this digital currency would reach $ 55,000. A 6 percent minority also said that Bitcoin could return to $ 60,000 and reach its all-time high of $ 65,000 in April 2021.
Although experts say that the value of a digital currency is measured only by its uses, but Bitcoin, despite all the possibilities and speculations, still maintains its position as a store of value. Also, due to the large number of people who have sold their bitcoins out of fear and changing views about bitcoins and digital currencies, bitcoin acceptance rates around the world will increase slowly and steadily, and new and unique uses will occur. Will create for this digital currency.
Do not forget that this particular survey shows only a small part of the population active in the field of digital currencies and does not in any way reflect the general feelings of investors. Readers are therefore advised (neither now nor ever) to make decisions based on material that is published about a bear market or a bull market or that predicts investor behavior.
The recent fall in the price of Bitcoin to $ 29,000 has shaken investor confidence. However, many experienced traders who have been in this market for a long time promise a bullish market. Since the price of Bitcoin returned to $ 32,000, traders have been hoping that the digital currency will return to its former high.
Many other experts also predict the growth of digital currencies, given the weakening position of Fiat currencies around the world. Maybe that’s why the world’s big governments are still studying smaller economies that have failed to maintain their fiat currency infrastructure (to avoid repeating their mistakes by acknowledging their mistakes).