27-11-2018 14:00 via newsbtc.com

Analyst Predicts Bitcoin will Bottom Out after Plunging 85% Since ATH

Bitcoin will bottom out after totaling a plunge of 85% since its all-time high, says Anthony Pompliano.
The Morgan Creek Digital Partner told CNBC during a grilling interview that it is normal for Bitcoin to undergo bear cycles every once a while. He acknowledged the digital currency’s relevance as a secure transaction settlement layer, adding that such use cases would never let Bitcoin become a worthless asset. 
“Bitcoin has been the best performing asset class in the last ten
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