More than half of institutional investors expect a cryptocurrence correction in 2022

More than 50% of institutional investors expect or predict a correction in the cryptocurrency market next year. Wish father the idea?

Most institutional investors see this in black

According to a new global study, more than 50% of institutional investors expect crypto markets to correct previous gains next year. The survey published Natixis Investment Managers, an asset manager with $ 1.39 trillion in management.

The survey involved 500 institutional investors from 29 countries in North America, Latin America, the United Kingdom, continental Europe, Asia and the Middle East.

To better understand these data, it should be noted that the answers were provided by institutional investors in all markets and were therefore not limited to Bitcoin and cryptocurrency investors.

Cryptocurrencies are to give up profits

According to the survey, most institutions believe that Bitcoin and other crypto assets will fall with their price down in 2022. Natixis Investment Managers states:

“Given all the factors at stake, institutions see the potential for corrections in a number of asset classes and sectors. A very popular cryptocurrency is at the top of the list, with more than half of the institutions calling for a correction. This is followed by interest rate sensitive bonds (45%), equities (41%) and technology (39%). ”

In addition to inquiries about asset prices, the issue of regulations was also addressed. The vast majority of companies surveyed believe that cryptocurrencies need more regulation before gaining wider acceptance.

“Nine out of 10 predict that central banks will have to regulate cryptocurrencies. Few see the potential for cryptocurrencies to replace reserve currencies (25%) or fiat currencies (28%).

However, one third believe that cryptocurrencies have the potential to level the playing field for developing countries. Only 29% think that emerging market countries should consider cryptocurrencies as legal tender. “

Institutional investors do not sell cryptocurrency

The survey found an interesting thing. It seems that the fall in cryptocurrency prices next year is expected mainly by that part institutional investorswho have not yet purchased any cryptocurrencies. Despite more than half the forecast of the cryptocurrency market, institutional investors holding digital assets are not going to sell at all.

“Four out of ten consider cryptocurrencies to be a legitimate investment option, and 28% of those who invest in cryptocurrencies say that they will maintain (62%) or increase (28%) their allocation.”

Conclusion

Most institutional investors expects a correction in the cryptotr market in 2022. Almost everyone who has bought Bitcoin or other cryptocurrencies will then, despite the opinion of the majority, not sell.

–