Deutsche Bank-- Bitcoin will rise.
Heres why Bitcoin value will continue to rise, according to Deutsche Bank. The value of the Bitcoin (BTC), the flagship digital asset in the cryptocurrency market continues to be a discussion among financial institutions amid the bearish market conditions. Speaking with CNBC on May 27, senior analyst at Deutsche Bank Research and author of Democratizing Finance, Marion Laboure, shared her outlook on cryptocurrencies and pricing behavior in the context of demand exceeding supply as regulation looms in the background. In the case of Bitcoin, we have a limited supply over 90% of Bitcoin are already in circulation and when you have a fixed supply with increasing demand the prices tended to rise as we have seen last year. Another factor that we can look at is regulation. So regulation is coming so we might have a broader crypto adoption looking ahead.