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?