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24
Mar, 2021

Deutsche Bank’s Predictions for Bitcoin

The phrase “too important to be ignored” is something that the financial world should think about Bitcoin. Deutsche Bank used the same phrase, after Bitcoin hits the $1 trillion in market capitalization.

 

The report from Deutsche Bank shows that Bitcoin’s price will continue to grow as more companies and asset manages are entering the market and this whole move will push governments to establish a regulatory framework at late 2021.

 

On the other hand, the bank reported that the major risks in the current phase are the limitations in trading activities (as performed at major financial markets) and liquidity in the market. In the end, it is highlighted that Bitcoin will become a major investment option for any institution at 2 – 3 years.