Express
Guggenheim CIO Predicted Bitcoin May fall To $20K Level
Summary: Scott Minerd, the Chief Investment Officer of Guggenheim Partners, said in an interview with CNN that Bitcoin has fallen into a "speculative bubble". He said: "When we get a risk-off moment, we could be seeing Bitcoin pull back to somewhere between $20,000 and $30,000 dollars. " But Minerd adds that for "strong hands", these levels ...
Scott Minerd, the Chief Investment Officer of Guggenheim Partners, said in an interview with CNN that Bitcoin has fallen into a "speculative bubble".
He said: "When we get a risk-off moment, we could be seeing Bitcoin pull back to somewhere between $20,000 and $30,000 dollars. "
But Minerd adds that for "strong hands", these levels would be good entry points to increase positions.
By Mary Liu
Last Update:
Tags: Bitcoin,Guggenheim Partners,Scott Minerd
Link: Guggenheim CIO Predicted Bitcoin May fall To $20K Level [Copy]
Tags: Bitcoin,Guggenheim Partners,Scott Minerd
Link: Guggenheim CIO Predicted Bitcoin May fall To $20K Level [Copy]