Trader: Bitcoin (BTC) To Fall To $2,500 By January 2019-3.27

Stephen Innes, an Asia-Pacific market-focused trader at New York-based Oanda, recently sat down with Bloomberg to discuss his opinions on the crypto market at large, along with the price action of Bitcoin (BTC) in recent weeks.

The Bloomberg anchor, struggling to keep his laughter contained, commenced the segment by drawing attention to Innes’ recent forecast that BTC was set to trade in a $3,500 to $6,000 range before falling to $2,500 by January 2019, a peculiar collective of price levels to say the least. Explaining his prediction, Innes told viewers of the segment:

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