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in #trade • 7 years ago

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https://cointelegraph.com/news/bitcoin-to-drop-as-low-as-1000-this-year-wall-street-cio-predicts

Peter Boockvar, the Chief Investment Officer at Bleakley Advisory Group, sees the potential for Bitcoin (BTC) to be around for a long time, but with a significant price drop coming when the Bitcoin bubble bursts, according to CNBC.

Boockvar sees a possible 70 to 90 percent price drop for Bitcoin this year, saying:

“Over the next year I wouldn’t be surprised if it’s [BTC] down to $1,000 to $3,000.”

What do you guys think?

#hold #crypto #exchange #bitcoin
7 years ago in #trade by
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