Deutsche Bank’s warning… “Tesla and Bitcoin are likely to be cut in half”

Global investors believe that U.S. technology stocks and cryptocurrencies such as Bitcoin and Tesla are already in the bubble.

On the 19th (local time), CNBC reported that Deutsche Bank cited a survey of 627 investors, saying, “Investors are more likely to see bitcoin and Tesla falling than will rise until next year.”

“When asked specifically about the prospects for the next 12 months, most investors think Tesla is more vulnerable and is more likely to be halved than it will double the current stock price.”

Only 18% of respondents said Tesla’s share price would double, but 62% said it would be cut in half. Bitcoin also had more than twice the double outlook (25%) in half (56%).

Most investors admitted that there is a bubble in the price of Bitcoin and Tesla. When the bubble scale was converted to 1-10 points, Bitcoin was rated at 8.7 points. Half of the respondents gave a 10 out of 10. Also, US tech stocks scored 7.9 points. 83% of investors said the tech bubble rating was 7 or higher. It is not clear how the bubble in Bitcoin and US tech stocks will burst, CNBC points out.

CNBC said, “71% of respondents said that the Federal Reserve Board would not implement a tightening monetary policy until the end of this year.” I don’t think it’s possible,” he added.

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