Retail Investors Bearish on Bitcoin (BTC) After Spot ETFs’ Launch, Survey Finds – Bloomberg

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The world’s largest cryptocurrency broke beneath $40,000 yesterday, and many retail investors believe it is heading even lower by year-end, according to a Deutsche Bank Research report.
Over one-third of people surveyed think that Bitcoin will fall below $20,000 by next January, according to the report. About 15% of people said they expect the price will be between $40,000 and $75,000 by year-end.

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