21-12-2019 05:38 via newsbtc.com

Analyst That Called Bitcoin’s Crash to $6,000s Expects Price to Rebound

In June, when Bitcoin was soaring above $10,000, nearly every trader and their mother expected the cryptocurrency to continue rocketing higher.
Though, one analyst incessantly called for rationality to return to the crypto markets, claiming that this surge above $10,000 was a clear overextension of BTC’s long-term growth curve. He went as far as to say that Bitcoin was poised to return to $6,700.
Related Reading: Research Group: Bitcoin’s Halving Unlikely to Catalyze B
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