927: HERE’S THE WORST-CASE SCENARIO FOR CRYPTO MARKETS AMID BITCOIN CRASH, ACCORDING TO TOP ANALYST!! - a podcast by Justin Verrengia

Widely-followed crypto analyst Benjamin Cowen says the dot-com bubble in the late 1990s is giving a glimpse of what the bottom could look like for the Bitcoin and cryptocurrency market.

Cowen says that an 80% drop is highly possible for crypto."Sometimes I struggle to comprehend an asset class that has only a market cap of $500 billion, but considering that the asset class as a whole was $3 trillion not that long ago and we’re currently at $1.26 trillion, it’s not that far-fetched to assume that we can’t drop another 40% or so down to approximately $500 billion. I would consider that to be the absolute worst-case scenario.”
Learn more about your ad choices. Visit megaphone.fm/adchoices

Further episodes of Crypto News Alerts | Daily Bitcoin (BTC)

Further podcasts by Justin Verrengia

Website of Justin Verrengia