A crypto venture capitalist has predicted that the price of Bitcoin will crash and fall to as low as $25,000. Chris Burniske, the ex-crypto lead at ARK Invest, explained that the drop in price will be due to macro adoption and new product development. He stated that Bitcoin could reach levels as low as $30,000-$36,000 before bouncing back, and that he wouldn’t be surprised if it tested the mid-to-high $20,000s. However, Burniske believes that over the long-term, Bitcoin will continue to rise and eventually reach new all-time highs.
Crypto Expert Predicts Devastating Crash for Bitcoin
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