Bitcoin’s Path to Retake $20,000 Could Be Slow and Painful: Analyst

By CCN: John McAfee continues to trumpet a bitcoin price that will hit $1 million by the end of the decade. He isn’t even afraid of betting his manhood on the same. Nonetheless, crypto bears keep coming back to spoil the party. One such doubter is UBS analyst Kevin Dennean. UBS Analyst: Bitcoin Price Faces a Long Road to Recovery According to Forbes, Dennean recently wrote: “We’re struck by how long it took other asset bubbles to recover their peak levels (as long as 22 years for the Dow Jones Industrials) and how pedestrian the annualized returns from trough to

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source https://www.ccn.com/bitcoins-20000-slow-painful-analyst

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