Trader Claims Bitcoin May Drop Much Lower

Trader Claims Bitcoin May Drop Much Lower



Alex Dovbnya

There’s a “decent probability” that Bitcoin sees another price crash, a prominent trader says

Jake Wujastyk, VP at TrendSpider LLC, believes that the 2017-2019 monthly closes are an “inevitable area” for Bitcoin, the largest cryptocurrency to test. 

Wujastyk adds that there is a decent probability that such a scenario could play out. 

After hitting $19,666, the peak of the previous bull run, Bitcoin closed December 2017 at $13,880. The largest cryptocurrency…


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