Has BITCOIN (BTC) seen the bottom already? Survey among institutional investors says, YES! :)

in #bitcoin6 years ago

Has BITCOIN (BTC) seen the bottom already? Survey among institutional investors says, YES! :)

Thomas Lee, Co-founder of Fundstrat Global has recently shared an opinion poll his company conducted among institutional investors about their future opinion about bitcoin.

Although these investors were all interested, and in general very positive about crypto-currencies, their answers (see attached image from Thomas Lee's twitter feed below) shown that positivity and confidence surrounds the market.

It is quite surprising for example that as many as 40% of them believe that John Mcafee's extravagant prediction of bitcoin reaching $1million by the end of 2020 is true. WOW! :)

Perhaps more importantly, 82% of them believe that Bitcoin has bottomed already. So let's say a said goodbye to $6000/coin bitcoin price. :)

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