Bitcoin 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 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 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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