Capriole Investments head: Bitcoin could soon fall to $ 6400 as new crown virus spreads

According to ZyCrypto, the new coronavirus may cause a global economic recession in the short term, and the impact of the virus has also entered the field of encryption. Charles Edwards, head of digital asset management company Capriole Investments, said that if this recession continues, Bitcoin will definitely fall to a December 2019 low of $ 6,400. He also noted that this should not alarm long-term holders, as they could make huge profits in the next year or two. At the same time, falling to the $ 6,000 level should be considered a good buying opportunity.