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Crypto analyst and trader Michael van de Poppe has posted a screenshot from a BlackRock document, in which the leading global fund manager names an optimal share of Bitcoin in a risk portfolio for investors.
Poppe shared a screenshot from a BlackRock document called "Asset Allocation with Crypto: Application of Preferences for Positive Skewness," in which the authors name the Bitcoin share in an optimal risk portfolio equal to 84.9%. Even though the document is dated early 2022, it still seems to be relevant for the crypto investment community.
The analyst then took a jab at those who expect the flagship cryptocurrency to decline to the $12,000 level in the near future. "I'll just buy more," van de Poppe tweeted.
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