Bitcoin Price ‘Could Fall to $6,500’ Before Next Bullish Spike: eToro Analyst

Lai Tran June 17, 2019 0 Comments

By CCN Markets: The price of bitcoin has broken through the $9,000 mark and seems well on its way to $10,000, but brokerage firm eToro believes that there’s a pullback in the cards before the cryptocurrency enjoys its next bullish run. Simon Peters, an analyst at the multi-asset investment platform eToro, has warned investors to be prepared for a price crash before the next bullish run in bitcoin prices. In an email to CCN, Peters wrote: “Breaking $9,000 is another significant price moment for Bitcoin, but I’m still not sold on the idea that it’s up, up, up from here.

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Source: Bitcoin CNN