Writing from the United States Penitentiary Tucson, Ross Ulbricht sees Bitcoin (BTC) getting closer to the bears as a possibility for 2020.
Posting to his personal Medium account on April 12, the Silk Road founder wrote the recent volatility of the cryptocurrency — in particular the March 12 bloodbath — will most likely lead to a bear market until “June or July 2020”. However, it could drag on into next year.