$BTC Bitcoin predictions from traditional investment banks vary from very bearish to mildly bullish. Some important findings:
What is striking is that several of them are actively exploring offering Bitcoin-related services, which indicates that there is a growing interest from that group to benefit from Bitcoin’s secular uptrend.
Banks that are not actively looking to offer crypto services tend to be much less bullish to even outright bearish.
Our recommendation – We advise to be mindful of bias in predictions by investment banks.
What is striking is that several of them are actively exploring offering Bitcoin-related services, which indicates that there is a growing interest from that group to benefit from Bitcoin’s secular uptrend.
Banks that are not actively looking to offer crypto services tend to be much less bullish to even outright bearish.
Our recommendation – We advise to be mindful of bias in predictions by investment banks.