Ran Neu Ner, the founder of ONchain Capital, suggested BTC could reach highs of $20,000 again in 2018.
He said he was confident that bitcoin would regain its sky-high prices this year, arguing that it is in the cryptocurrency’s nature to be volatile.
Speaking to CNBC, he said: “Yeah but bitcoin goes up, bitcoin goes down, bitcoin goes up and down very quickly.
“If you recall a few months ago we were sitting right here and bitcoin was under $8,000.
“It shot up to $20,000 in less than two weeks so this is nothing new
https://www.express.co.uk/finance/city/913552/Bitcoin-crash-ripple-crypto-price-falling-will-bitcoin-recover-will-ripple-recover