Vinny Lingham, a general partner at crypto fund Multicoin Capital and the CEO at Civic, has said that if the Bitcoin price drops below $3,000, it will face serious problems. In an event in which the Bitcoin price plunges to the $2,000 region — breaking a major support level at $3,000 — the investor said that crypto winter would turn into “nuclear winter.” If we break below $3000 for Bitcoin, “crypto winter” will become “crypto nuclear winter”… https://t.co/sS83cl6Em1 — Vinny Lingham (@VinnyLingham) January 28, 2019 Bitcoin Nuclear Winter: Why is $3,000 Important? Throughout the past two months, following a steep
The post Why a Sub-$3,000 Drop Will Mean Bitcoin Has Entered ‘Nuclear Winter’ appeared first on CCN
Read the original post: Why a Sub-,000 Drop Will Mean Bitcoin Has Entered ‘Nuclear Winter’