Deutsche Bank’s Clients Don’t Expect Bitcoin to Jump Above $60,000 This Year

A survey by Deutsche Bank revealed that its clients don’t believe Bitcoin will hit more than $60,000. However, 36% respondents believe it can reach somewhere between $60,000 and $80,000. But most of them expect its rate to drop within the year.

There were 520 clients questioned about their opinions on Bitcoin and engagement with it. 69% are sure that Bitcoin will lose about a half of its current value during the coming 12 months.

23% respondents ever purchased Bitcoin as an individual investment. Most of them are young. 40% of those who purchased it are younger than 35. Among older clients, only 13% took risk to purchase “digital gold”.

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