Watch part 1 of the interview: https://youtu.be/RLtCxxebE2U

Bitcoin has historically corrected 85% from its highs, and right now, the coin is still in a bear market, said Richard Heart, founder of Hex.

“I think Bitcoin will tap $10,000 from its high of $65,000 because that’s what it normally does, it drops 85%. Ethereum usually drops 95% because it has lower liquidity so it acts like a leverage position on Bitcoin, to some degree,” Heart told David Lin, anchor for Kitco News.

Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Richard Heart on Twitter: @RichardHeartWin (https://twitter.com/RichardHeartWin)

0:00 – Charity
1:52 – Bitcoin price
4:52 – Bear cycle in cryptos
8:16 – Hex tied to the U.S. dollar

#bitcoin #hex #crypto
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit http://www.kitco.com/

Follow us on social media:
Facebook – https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter – https://twitter.com/kitconewsnow
StockTwits – https://stocktwits.com/kitconews

Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.