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960: BILLIONAIRE "BOND KING" WHO ACCURATELY PREDICTED RECENT CRYPTO COLLAPSE IS CALLING FOR $10K BITCOIN!
Episode 960

960: BILLIONAIRE "BOND KING" WHO ACCURATELY PREDICTED RECENT CRYPTO COLLAPSE IS CALLING FOR $10K BITCOIN!

Bitcoin News Alerts | Daily BTC Macro Signal · Justin Verrengia

June 17, 202219m 22s

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Show Notes

Doubleline Capital CEO Jeffrey Gundlach, also known as the "bond king," says he would not be surprised at all if the Bitcoin price falls to $10,000.

"We've already seen around the edges some blowups in parts of the crypto world, and that could be foreshadowing some problems," he explained.

The billionaire bond king explained that when the BTC price fell below $30K, its chart indicated that $20K "was going to happen quickly, and it did." Emphasizing that "The trend in crypto is clearly not positive," Gundlach opined:

"I'm not bullish at that $20,000 or $21,000 on bitcoin. I wouldn't be surprised at all if it went to $10,000."

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