Bitcoin could drop below USD6,000 warns analysts

Bitcoin could fall below USD6,000 warns analyst at Cane Island Alternative Advisors. In a twitter post, Timothy Peterson, highlighted a key point within a blog post his organisation had published, showing there is a “relationship between the premium investors pay for OTC shares of Grayscale Bitcoin Trust (GBTC) and the cryptocurrency’s Price.”

https://twitter.com/nsquaredcrypto/status/1182770913055559680?ref_src=twsrctfwtwcamptweetembedtwterm1182770913055559680&ref_url=httpswww.newsbtc.com20191013bitcoin-collapse-25-percent-6000

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