Invesco: Bitcoin may fall below $30,000 this year

Bitcoin could fall below $30,000 this year, according to an “unexpected but likely” outcome for 2022 listed by U.S. asset management giant Invesco. “The massive marketing of bitcoin reminds us of the activities of stockbrokers before the crash of 1929,” Paul Jackson, Invesco’s head of global asset allocation, said in a Bitcoin report on Monday. A dip below $30,000 this year is not too much," Jackson said, adding that he sees a chance of that happening at least 30 percent.