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A new study finds that many Wall Street investors believe Bitcoin hasnβt bottomed out and will fall to nearly half its current value.
A new Bloomberg MLIV Pulse survey says it asked 950 Wall Street investors whether they expected the king crypto (BTC) to first recapture the $30,000 level or fall to $10,000, with 60% saying they agreed with the bearish scenario.
The poll ran from July 5th to 8th, during which time Bitcoin ranged from a low of $19,420 up to as high as $22,109. At Bitcoinβs current price of $19,883, the leading crypto asset by market cap would have to drop by 49.7% to be priced at $10,000.
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Show Notes / News Resources:
β Bitcoin Technical Analysis:
β BTC New ATH Prediction:
β 3 Key Metrics Suggest Further Crypto Collapse:
β $2T In Assets Now Offering Bitcoin and Crypto:
β $10,000 Bitcoin Prediction:
π΄ DISCLAIMER: This is NOT financial advice. This is an entertainment and opinion-based show. I am not a financial adviser. I am not responsible for any investment decisions that you choose to make.ββββββββ Always do your own research and never invest what you cannot afford to lose.
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