A new survey from Bloomberg finds that a majority of Wall Street traders believe there is more downside in store for Bitcoin (CRYPTO: BTC).
What Happened: According to the latest Bloomberg MLIV Pulse survey, retail investors are more bearish on cryptocurrency than professional investors.
Over 60% of the survey’s respondents think that Bitcoin is more likely to go down to $10,000 than reclaim to $30,000.
See Also: IS BITCOIN A GOOD INVESTMENT?
The majority of those surveyed were largely skeptical …
Full story available on Benzinga.com