Bitcoin could plunge 90% into a ‘winter’ lasting years after another surge, crypto-exchange founder says | Currency News | Financial and Business News

Bitcoin could plunge 90% into a ‘winter’ lasting years after another surge, crypto-exchange founder says | Currency News | Financial and Business News

  • Bitcoin could surge to $300,000, but the bubble is likely to pop dramatically, Bobby Lee said.
  • The founder of the BTCC exchange said the price of bitcoin could fall as much as 90% from its peak.
  • Bitcoin has risen by about 800% in a year, to roughly $58,000 in the latest bull-market cycle.
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The bitcoin price could surge as high as $300,000 in the latest bull-market rally but then plunge 90% into…


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