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ADVFN CEO: Bitcoin May Crash To $10K

Mary Liu

Summary: In a recent interview with Stansberry Research, financial services provider ADVFN CEO Clem Chambers stated that Bitcoin continues to repeat the same pattern based on its four-year halving event.  He predicts that Bitcoin may fall to $10,000, said: "The first stop is Bitcoin, the price is $20,000, and then it may reach $10,000." Chambers even ...

In a recent interview with Stansberry Research, financial services provider ADVFN CEO Clem Chambers stated that Bitcoin continues to repeat the same pattern based on its four-year halving event. 

He predicts that Bitcoin may fall to $10,000, said: "The first stop is Bitcoin, the price is $20,000, and then it may reach $10,000."

Chambers even thought BTC could briefly fall to a low of $7K during the collapse phase, said those investors who bought for $60,000 will have to wait "a long time" to cover the cost.

By Mary Liu

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