Shark Tank star Kevin O'Leary has warned of an impending 'big panic event' in the crypto space. 'I don't believe we've seen the bottom yet,' he said. bitcoin cryptocurrency
could drop to $13K as some people have predicted. “It’s impossible to know where the bottom is,” O’Leary replied, adding:Referencing his past experience, the Shark Tank star said: “I go back again to other asset classes that I have invested in for decades. In every case — traditional bonds, traditional equities, real estate, alternative asset classes — bottoms are reached with an event, a panic event as I call it, and you can find it in every asset class.”We haven’t seen that yet in crypto land.
The Shark Tank star pointed out that the crypto market, including bitcoin, “has almost been cut in half in total market cap, so you would think we are on our way to the bottom.”
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