Survey: 44% believe bitcoin will fall below $30K by year end

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John Todaro of Needham joins "Squawk on the Street" to discuss the CNBC Stock Survey, which found that 44 percent of participants saw bitcoin falling below $30,000 by year end. Subscribe to CNBC PRO for access to investor and analyst insights on crypto and more: https://cnb.cx/2BT2E7y

Wall Street investors largely believe bitcoin will trend lower to end a wild year flat, according to a new CNBC survey.

Every quarter, we poll about 100 chief investment officers, equity strategists, portfolio managers and CNBC contributors who manage money about their views on the markets for the rest of the year. The survey was conducted from June 23-30.

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