Famous investor Chris Burniske, whose comments on the cryptocurrency market have been closely watched since his prediction of a bottom in 2022, has stated that he expects another crash in the crypto market before the start of a sustained bull cycle. Warning of a 40% Crash for Bitcoin and Altcoins Chris Burniske, a partner at venture capital firm Placeholder, expects a sustained bull run to begin in 2024, but warns that there could be a 40% drop in Bitcoin (BTC) and altcoins before the start of this bull run, stating: The bears may have another chance this year to see a 20% or even a 40% drop in quality cryptocurrencies before a real party starts that will last until 2025. The main question is at what prices this drop will occur. The main drop factor here is the fact that the Fed will keep pushing until something breaks. Burniske believes […]
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