Bitcoin could drop dramatically in the short term before experiencing an historic rise to new heights, one of the cryptocurrency industry’s best-known researchers says. Bitcoin Mimicking Gold ‘Not Surprising’ Adding his weight to the current discussion on Bitcoin’s utility versus gold, Dan McArdle, co-founder of analytics firm Messari, said the cryptocurrency could copy the precious metal’s behavior in the coming years. Specifically, he said in social media comments on August 7, BTC/USD might repeat whatRead MoreThe post Bitcoin Could Copy Gold’s 2008 Boom And Bust Before All-Times Highs: Messari appeared first on Bitcoinist.com.