Celsius CEO Says Bitcoin May Crash Ahead of Massive Rally, Ethereum Heading to New All-Time High

Celsius CEO Says Bitcoin May Crash Ahead of Massive Rally, Ethereum Heading to New All-Time High
A photo illustration of the Ethereum cryptocurrency in London on April 25, 2018. Jack Taylor/Getty Images
Benzinga
Updated:

Alex Mashinsky, CEO of crypto lending platform Celsius, says that Bitcoin could fall by up to 20 percent from the current price before surging higher.

In a recent interview, Mashinsky said that Bitcoin could follow past precedents and surge by around four times over current levels, after testing the critical support level.