Analyst Who Predicted $6.4k Bitcoin Bottom: Price Will Hit $11k Before Pullback
Over the past few days, Bitcoin has been subject to heavy volatility.
After surmounting $10,000 on the weekend, the cryptocurrency plunged by 4% earlier this week, falling from $10,200 to $9,700 in a matter of minutes. After settling around $9,750, the price of Bitcoin jumped by 4% today, rallying as Bitfinex began enacting a scheduled maintenance of their exchange.
While some have said that this price action is a precursor to a larger drawdown that will take prices to the low-$9,000s, maybe low
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