Post
Topic
Board Economics
Re: Notable Bitcoin Critic Claims Price Likely to Hit $5,000 In Near Future
by
dangerousdanjon
on 19/01/2019, 08:14:21 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/

I was expecting the price to go up to that level this week but instead it dropped back to $3600. I have seen some expert predictions that the price of Bitcoin will get to five thousand dollars, a lot of people has predicted that already, so it might happen. But what about those that said the price will drop to two thousand dollars? That’s something else you shouldn’t neglect.