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HomeNewsScott Minerd Predicts Possible Bitcoin Pullback to $20,000 in Speculative Bubble

Scott Minerd Predicts Possible Bitcoin Pullback to $20,000 in Speculative Bubble

“When we get a risk-off moment, we could be seeing bitcoin pullback to somewhere between $20k-$30k. But I think for long-term investors, that will be a great entry point.”

Minerd also thinks BTC has “gotten a little bit ahead of itself.” Stating the unsustainability of the parabolic market is one of the reasons for his claim. 

On the contrary, Minerd predicted that BTC’s price could spike 10x its current value in February. However, he later advised investors to  

Image Credits: Pixabay

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