Analysts Indicate Wall St. Explosion in Cryptocurrency and 90% Bitcoin Crash in 2018

Analysts at the Deutsche Bank are reporting figures indicating a large correlation between the price of Bitcoin and the C.B.O.E's Volatility Index. The V.I.X commonly referred to as the "fear index" is used to predict the coming volatility of the next 30 days using the S&P 500's implications. And Masao Muraki the Chief Financial Strategist for C.B.O.E has stated that there is increased volatility in the index upon time of Bitcoin breaching supports and resistance levels.

Muraki is predicting that these are due to institutional investors pulling money out of the stock market to inject into crypto at a low, and then re diverging their profits into the market upon price inflation. Professional and literate financial analysts are choosing to invest increasingly in cryptocurrency because of the high volatility and price insecurity, and are seeing large opportunities of profit in the sector.

Muraki is sure that more institutional capital will find itself in crypto holdings in months and years to come, as the higher risk sentiment of cryptocurrency also ensures that smart trades can be very highly rewarding. Stock Market volatility stagnation and lack of fluctuation is leading many investors to look to riskier and more volatile investments in order to optimize their returns, and cryptocurrency is an emerging market in which many professional's see a possibility to do this.

In other news Peter Boocvar Chief Investment Officer at Bleakley Advisory Group has estimated that the Bitcoin bubble could fall as low as $1,000 to $3,000 at 70% to 90% in 2018. These numbers are a result of Boocvar attributing a large quantity of Bitcoins value to people euphorisizing the market over deflationary and and anti central banking incentives. In his eyes people themselves are overvaluing the currency as a hedge against central banks, and therefore it's price will be susceptible to large crashes. He believes that this crash is simply inevitable and that those who are taking on credit card debt to invest in the currency are further increasing their chances of bankruptcy.

This fall could become ever more likely if institutional money gets big into the game, as markets could become more destabilized due to manufactured sell off's and buy in's. But despite this potentiality Boocvar is positive on Bitcoin's technology and blockchain, and increasing institutional money could create a higher demand for the currency and a doorway to mass adoption in the private sector. Already Wall Street is opening crypto hedge funds for clients, so will they be able to take bitcoin to a more public scale, or will they monopolize and manipulate it? Let me know your opinions in the comment's!