Wall Street survey says bitcoin might see $10,000 price level.

July 11, 2022

According to Bloomberg MLIV Pulse survey, bitcoin is more likely to see $10,000 and cut its value in half in the short term.

60% of the respondents believe bitcoin is likely to drop to $10,000.

40% of respondents of the survey believe that the leading cryptocurrency will eventually reach $30,000.

Bitcoin is currently changing hands at $20,463, 4% down in the last 24 hours.

28% of respondents said that cryptocurrencies were the future of finance; 20% stated they are worthless.

The entire crypto market has lost nearly $2 trillion since last year.

Bitcoin hasn’t traded below $10,000 since September 2020.