Deutsche Bank Survey: One third of people expect BTC to fall below $20,000 by the end of this year

According to a survey by Deutsche Bank, consumers are divided on the durability of Bitcoin, with about one-third predicting that BTC will fall below $20,000 by the end of this year. This would reduce the current price of the token by approximately $50,000 and bring it back to levels seen during the deep bear market in 2022. Of more than 3,600 people surveyed, only 10% believe that Bitcoin will exceed $75,000 by December. About 40% of respondents are confident in Bitcoin's robust growth over the next few years but 38% predict that Bitcoin will disappear. Meanwhile, a survey conducted in March showed that less than 1% consider cryptocurrency as a trend.