Founder and Chief Investment Director of Absolute Strategy Research, Jan Harnett in an interview with CNBC predicted a further fall to 13 thousand dollars per unit.
According to Harnett, investors have recently realized that Bitcoin cannot be perceived as a full -fledged currency, goods or means of savings. In fact, it is an exclusively speculative asset.
Harnett also brought an argument that Bitcoin usually cheaper 80 percent of its peak values on a historical scale. Regarding the historical maximum at the level of 69 thousand dollars reached at the end of 2021, a decrease in the price of 80 percent will mean reaching 13 thousand dollars.
“In a world in which there is enough liquidity in the financial markets, Bitcoin succeeds. When the Central Bank is taken by this liquidity [within the framework of tightening monetary policy], it is under strong pressure,” Harnett said.