Bitcoin To Hit $20k and Ethereum To $1k Predicts Former Ark Invest Analyst

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Former Ark Invest analyst, Chris Burniske predicted Bitcoin and Ethereum to either retest the June lows or might end up with significant correction from those levels.

According to the analyst, the price of Bitcoin can drop to $20,000 and Ethereum at $1,000, and the market can see a renewal of these lows.

This Drop can occur, before or after ETH's switch to proof of stake - Says Burniske.