Bitcoin (
$110,171.00 ) could fall to $15,000, says Guggenheim chairman who predicted 50% dip in May
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“There is still more air to come out” of the Bitcoin ( $110,171.00 ) market, argued chairman and CIO of Guggenheim Investments Scott Minerd.
Liam Frost · July 23, 2021 at 6:05 am UTC · 2 min read
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 ( $110,171.00 ) 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 today.
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