Bitcoin (BTC) is predicted to drop more than 70% to the $8,000 value area, according to comments by Guggenheim chief investment fficer Scott Minerd. This is not the first time he has made a bearish call, and he has, in the past, made bullish calls as well. However, Minerd’s more recent calls have occurred just before major reversals.
Scott Minerd BTC price calls:
– $600k at $60k → went to $30k.
– $10k at $30k → price to $65k.
– $8k at $30k (again) → TBD. pic.twitter.com/NWjrRdegFM—…
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