Chris Burniske, former cryptocurrency lead at Ark Invest and now a partner at Placeholder foresees a potential sharp decline in Bitcoin’s (CRYPTO: BTC) price. What Happened: Burniske predicts that Bitcoin could potentially drop to the $30,000-$36,000 bracket and might even touch the mid-high $20,000 zone before bouncing back to a new all-time high, as reported by CoinDesk. He advised, “As always, patience is your friend,” and added that the recovery journey could be rocky and may span over several months. “imo #bitcoin to at least $30-36K before a local bottom, and wouldn’t be surprised if we …