Bitcoin could plunge even further to a low of $13,000, one strategist warns

If crypto’s past bubbles are anything to go by, bitcoin could be about to fall much further.

That’s according to one strategist, who warns the world’s top cryptocurrency is likely to tank as low as $13,000 — an almost 40% drop from current levels.

“We would still be selling these kinds of cryptocurrencies into this environment,” Ian Harnett, co-founder and chief investment officer of Absolute Strategy Research, told CNBC’s “Squawk Box Europe”…