Crypto Analyst Claims Bitcoin’s $20K All-Time High Was Fake

Cointelegraph

Published Jun 12, 2020 08:58AM ET

Updated Jun 13, 2020 08:00AM ET

Cane Island Alternative Advisors’ Timothy Peterson has claimed that Bitcoin’s (BTC) near-$20,000 all-time high in December 2017 was “fake.”

In a tweet on June 11, Peterson said that it took seven years for people to accept that Bitcoin was manipulated in 2013, referencing a recent ruling by a Japanese court upholding data tampering charges against former Mt. Gox CEO Mark Karpeles.

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