Silk Road founder Ross Ulbricht: Bitcoin price could drop to $3,200, & Other News

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In order to make sure that you are always on top of the most pertinent crypto news, we've prepared a short digest of today's hottest articles:

Chart pattern resurfaces that saw Bitcoin plunge from $10K to $3.6K

Traders say that the pattern that caused Bitcoin's price to plunge from $10,500 to $3,600 could be playing out again.
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Silk Road founder Ross Ulbricht: Bitcoin price could drop to $3,200

Writing from prison, Ross Ulbricht predicts the current wave in Bitcoin incited by a price drop under $4,200 could lead to a bear market.
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Bitcoin will follow Ethereum and move to proof-of-stake, says Bitcoin Suisse founder

The founder of Swiss crypto broker Bitcoin Suisse predicts that Bitcoin will move to proof-of-stake once Ether has proved the algorithm's success.
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Bitcoin takes aim at $7K as Deutsche Bank hails "end of free market"

A stark warning from the banking sector comes as Bitcoin recovers from a brief $600 dip, but analysts need to see a higher daily close.
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Fact of the Day

After the sub-$4,000 BTC prices during the March 12 crash, the cryptocurrency may be facing a bear market, according to Ross Ulbricht

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