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Bitcoin Is More Likely to Hit $10,000 Than $30,000, Survey Finds

  • A majority sees Bitcoin tumbling to $10,000 in MLIV survey
  • Retail investors are more bearish on crypto than professionals
Updated on

Bitcoin bulls beware: Wall Street expects the cryptocurrency’s crash to get a whole lot worse.

The token is more likely to tumble to $10,000, cutting its value roughly in half, than it is to rally back to $30,000, according to 60% of the 950 investors who responded to the latest MLIV Pulse survey. Forty percent saw it going the other way. Bitcoin fell 2.4% to $20,474 on Monday morning in New York.