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Top investor explains why the Bitcoin (BTC) price could surge 1,300% in the next 24 months. For some reason or another, many investors and analysts have begun to fear the worst for the medium-term outlook of the Bitcoin market over the past few months. Mark Dow, a hedge fund manager that shorted BTC when it traded at $19,000 in December 2017, recently claimed that the cryptocurrency will “die a grinding death, punctuated by spoofs and FOMO spasms of decreasing frequency and intensity.”