Deutsche Bank is confident that bitcoin will rise in price no matter what

Marion Laboure, Senior Analyst at Deutsche Bank Research and author of the book Democratizing Finance, shared her view on cryptocurrencies and market price behavior.

The expert noted that with market regulation, more institutional investors will enter cryptocurrencies, and therefore liquidity should increase: «In the case of bitcoin, we have a limited supply — more than 90% of bitcoins are already in circulation. And when you have a fixed supply with growing demand, prices tend to rise, which is what we saw last year,» Labour said.

She also urged to carefully study what you are going to invest in, citing the collapse of the Luna cryptocurrency as an example: «I think that what happened recently can be a good reminder because cryptocurrencies are different, and we shouldn’t compare bitcoin, which is the oldest and largest in terms of capitalization, with new market players.»