Bitcoin Nears $58K and Ex-Bush Aide Predicts “Fast and Deep” Crash

This time, it appeared in the crosshairs of Canadian-American political pundit David Frum whose biggest accomplishment was writing the 2002 State of the Union address of former U.S. President George W. Bush.

In a series of tweets, Frum predicts that Bitcoin is going to crash “fast and deep” if interest rates rise:

How fast and deep does Bitcoin price crash when interest rates rise and opportunity cost of holding Bitcoin surges?

Keep reading and start trading Bitcoin!