Why People Still Think Bitcoin Will Die

If you’re looking for more proof of the gap of comprehension between “normies” and crypto fanatics, look no further than the results of a Deutsche Bank survey of 2,000 retail clients last week.

The most striking result wasn’t even that a third of respondents saw bitcoin below $20,000 by year end. That’s less than half its current price, and well shy of Anthony Scaramucci’s $170,000 price target, which, like other bullish predictions, sees ETF-spurred demand running up against thinner supply after the next “halving” this April.

No, what jumped out at me was the answer to a question about Bitcon’s survivability: more people said Bitcoin will disappear in the coming years than those who believed it would stick around.

Source: Why People Still Think Bitcoin Will Die