CEO: Bitcoin Will Probably Hit $2,000 Before It Hits $20,000

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The cryptocurrency market has come surging back over the past week, moving up 15% from its lows, but analysts and CEOs expect for Bitcoin to move downwards before returning to all-time highs.

Bitcoin Will “Probably Hit $2,000 Before It Hits $20,000”
The cryptocurrency community breathed a sigh of relief this week, as Bitcoin quickly rebounded off yearly lows, finding stability 15% above the $5,750 low.

Despite this bullish price movement, with Bitcoin seemingly breaking out of its bearish trend, the CEO of ADVFN expects Bitcoin to continue lower. Clem Chambers, CEO of the financial data provider, spoke to Express U.K. elaborating on his opinion on the direction of the cryptocurrency market.

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