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937: AFTER PREDICTING $400K BITCOIN, GUGGENHEIM NOW SEES A CRASH TO $8K!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
937: AFTER PREDICTING $400K BITCOIN, GUGGENHEIM NOW SEES A CRASH TO $8K!!
FromCrypto News Alerts | Daily Bitcoin (BTC) & Cryptocurrency News
ratings:
Length:
25 minutes
Released:
May 24, 2022
Format:
Podcast episode
Description
With the Bitcoin price currently below $30,000, Scott Minerd, the chief investment officer of global investment giant Guggenheim Partners, believes the value of the king crypto (BTC) could further dip to $8,000 per coin.
Minerd made the bearish prediction on Monday (May 23, 2022), during an interview on CNBC’s Squawk Box at the World Economic Forum (WEF) annual meeting in Davos, Switzerland.
“When you break below 30,000 [dollars] consistently, 8,000 [dollars] is the ultimate bottom, so I think we have a lot more room to the downside, especially with the Fed being restrictive”.
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Minerd made the bearish prediction on Monday (May 23, 2022), during an interview on CNBC’s Squawk Box at the World Economic Forum (WEF) annual meeting in Davos, Switzerland.
“When you break below 30,000 [dollars] consistently, 8,000 [dollars] is the ultimate bottom, so I think we have a lot more room to the downside, especially with the Fed being restrictive”.
Learn more about your ad choices. Visit megaphone.fm/adchoices
Released:
May 24, 2022
Format:
Podcast episode
Titles in the series (100)
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