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!