Bitcoin ar putea scădea la 15,000 de dolari, spune președintele Guggenheim, care a prezis o scădere de 50% în mai

Scott Minerd, chairman and chief investment officer of asset management giant Guggenheim Investments, said the crypto market’s ongoing slump is still far from over as Bitcoin could slide as low as $15,000.

“I think that there is still more air to come out of this, and ultimately, I think something in the neighborhood of $15,000 is where we’re going to end up,” Minerd said in an interview with Bloomberg astăzi.

„Încă mai e mai mult aer de ieșit din asta.”

Scott Minerd de la Guggenheim spune că Bitcoin ar putea scădea la 15,000 de dolari https://t.co/JbGop61Sdg pic.twitter.com/bfjTKTMk8W

- Bloomberg TV (@BloombergTV) Iulie 22, 2021

He also pointed out that the standard bear market for Bitcoin has been an 80% retracement, and “given all the uncertainty, new competition from new coins and everything else, there is more downside to go.”

The higher they surge…

Further, despite Bitcoin’s recent parabolic price surge from $10,000 to over $60,000 earlier this year, the coin has pulled back to around $31,000 since mid-May—a 50% decline which Minerd actually predicted just a couple of weeks prior.

As CryptoSlate reported on April 23, Guggenheim CIO argued that Bitcoin has run “too far, too fast” and its price was about to decline in the short term.

“I think we could pull back to $20,000 to $30,000 on Bitcoin, which would be a 50% decline, but the interesting thing about Bitcoin is we’ve seen these kinds of declines before,” Minerd said at the time, adding that the decline would be “the normal evolution in what is a longer-term bull market.”

Speaking about today’s crypto market, Minerd noted that Bitcoin’s support level at around $30,000 is “being tested hard.”

„Defalcarea am ajuns la aproximativ 29,500 de dolari, ar putea fi o defalcare falsă, dar nu cred”, a adăugat el. „Când cumperi? Ei bine, nu cred că prea curând. Dar aș lua această decizie pe baza acțiunii prețului în viitor.”

„Munca noastră fundamentală arată că Bitcoin ar trebui să valorize aproximativ 400,000 USD”, spune Scott Minerd de la Guggenheim. https://t.co/9QyOWyYAVA pic.twitter.com/uojQqaKPia

- Bloomberg TV (@BloombergTV) December 16, 2020

Interestingly, Minerd also drew the crypto sphere’s attention last December when he opined that “Bitcoin should be worth about $400,000. "

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Source: https://cryptoslate.com/bitcoin-could-fall-to-15000-says-guggenheim-chairman-who-predicted-50-dip-in-may/