.CryptoHayes believes that Bitcoin could potentially plunge to $10,000
As reported by U.Today, Hayes correctly predicted the Bitcoin price would plunge to $15,000 on Nov. 8. Back then, the largest cryptocurrency was changing hands above $19,000.Fundstrat recently made a similar forecast, predicting that the world's largest cryptocurrency could drop back into four-digit territory.
This would mark more than an 85% decline from the record high, which would be in line with prior peak-to-trough declines.Industry leaders are also sounding the alarm about the scope of the ongoing crisis. Last week, Binance CEO Changpeng Zhao recently warned that crypto might experience its own version of the 2008 financial crisis.
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