The study Fundstrat Global: 54% of institutional investors believe that Bitcoin has already reached the bottom
According to a recent survey Fundstrat Global Advisors, global financial institutions have become more optimistic about cryptocurrency Bitcoin (BTC) than members of the cryptocurrency community. It said managing partner and head of research in the company is Whether, based on the results of a survey on the social network Twitter.
Based on the results of a private survey of 25 agencies and 9,500 responses to the public survey conducted on 30 September, Tom Li came to the conclusion that wall street believes that Bitcoin has already reached its bottom.
54% of survey respondents institutions optimistic about the cryptocurrency, saying that bitcoin has already reached its lowest value this year.
Institutional players are also optimistic about the potential future growth of BTC. 57% of respondents said that by the end of 2018, the price of cryptocurrency will reach from $ 15,000 to “unpredictable.”
Crypting community on Twitter seem less than optimistic about Bitcoin. 66% of respondents surveyed in the posts of Tom Lee, said that BTC still can drop lower than now.
Only 40% agreed that BTC is likely to reach US $ 15,000 by the end of 2019.