Post
Topic
Board Economics
Re: Notable Bitcoin Critic Claims Price Likely to Hit $5,000 In Near Future
by
St4yInTh3D4rk
on 11/01/2019, 13:31:36 UTC
How do you respond to comments made by Bitcoin critic Jeffrey Gundlach, CEO of DoubleLine management. He estimates that Bitcoin can reach $ 5,000 in the near future. Gundlach notes that investors who have a high tolerance for risk can make easy profits if they want to trade Bitcoin.

The question: is it true that currently Bitcoin has changed with fairly competitive volatility ...?

Source: https://www.newsbtc.com/2019/01/11/notable-bitcoin-critic-claims-price-likely-to-hit-5000-in-near-future/

Easy,it may reach $5000 in near future or later but now condition seems much worse than how it was when beginning of this year,I wonder this news can act as catalyst to bring something to the market?

For me its nothing changed still the same volatility range and resistance level at $3500.