Bitcoin: ‘We’re projecting probably about a $14,000 bottom’ by November, crypto expert says
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Ben Armstrong is the founder of BitBoy Crypto. He says the price of Bitcoin is right in the thick of a bear market. Armstrong says he doesn't expect a bottom until November. Armstrong: "I don't think we're getting a rebound anytime soon. We're projecting probably about a $14,000 bottom at this point" He says there will be some consolidation for some of the crypto platforms, but that's not necessarily indicative of where we're at in the industry at large. It is hard to really see a path forward for them developing trust with the user base again, outside of maybe being bought off by maybe FTX or BlockFi or maybe another company. I think eventually, we'll see some consolidation of crypto platforms" Source