Bitcoin (BTC), the leading crypto asset, is likely to grow in the near future, says senior analyst Marion Laboure of Deutsche Bank. The analyst is also the author of ‘Democratizing Finance – the Radical Promise of Fintech’.
In her most recent interview with CNBC, the senior analyst at Deutsche Bank overviewed the current state of the crypto market and shared her predictions for what Bitcoin’s (BTC) price will look like in the near future.
A record 9 weeks of losses for Bitcoin (BTC) and the crypto community has reminded many of the infamous crypto winter, but BTC has managed to bounce back to the $30,000 level, and currently trades at $30.435.51 at the time of writing, according to CoinGecko. This represents a 3.4% increase in the last 24 hours, and 0.3% over the last week. With the steep decline exprienced across the board by the top cryptocurrencies in the wake of the Terra (LUNA) and Terra (UST) crash, Bitcoin is finally showing signs of bullish sentiment, and the consecutive weeks of losses could soon come to an end.