Analyst Says Bitcoin Price Will Peak Above $300,000, But A 76% Crash Looms

Description

The possible top for the Bitcoin price this cycle has been a topic of hot debate over the last few years. The rally to a new all-time high above $123,000 back in July introduced renewed vigor into the arguments, as some believe the leading cryptocurrency has reached its highest point, and others continue to expect higher prices. The calls have ranged from $150,000 to as high as $500,000, but the possibility of a major Bitcoin price crash remains as the market matures. What Previous Cycle Perform...