The strategist for commodities of the analytical division of Bloomberg Intelligence Mike McGlone believes that the probability of a 90% drop in bitcoine prices in the conditions of uncontrolled supply growth in the market is quite high.
"I've been studying this topic for a long time and the more research I do, the more I tend to bearish. All this is very similar to the Internet company of the late 90's, "McGlone emphasized.
Who is this McGlone, who then considers him an expert?
900 hundreds dollar is good estimate i have also this same opinion , i think maybe it take one or two year before it reach 900 dollar but like you have said it here and i agree it with you price for bitcoin continue to go low
and i love it like this , in my place we have been doing short sale so many time and today it has been reveal that evn more monies we have made like this than when before price was going up , i think many ppls are doing like me and this is huge huge big money thing for those ppls whom are smart in this place