On Thursdsay (28 June 2018), Ran Neu-Ner, the founder of Onchain Capital, the host of CNBC Africa’s “Crypto Trader”, and one of the most influential people in the blockchain space, explained on CNBC’s “Fast Money” (hosted by Melissa Lee) why he believes Bitcoin (BTC) will go even lower within the next couple of weeks and why he remains bullish on the Cardano (ADA) and NEO (NEO) projects. Neu-Ner, who had predicted on Fast Money on June 11th (when Bitcoin was around $6,860) Bitcoin’s drop to $5,900, was appearing on the show once again, this time with Bitcoin sitting at $5,915.

He was asked what was next for Bitcoin. This was his reply: Look, unfortunately, the same model that told us we are going to $5,900 is telling us there’s more blood to come.

It’s calling a 62% chance of a bear market and a bear market means we are going to test $5,350 as the next point Read more from cryptoglobe.com…

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