I wouldn't be surprised at all if bitcoin went to $10,000, says DoubleLine's Gundlach

DoubleLine Capital CEO Jeffrey Gundlach joins 'Closing Bell: Overtime' to give his opinion on cryptocurrencies and, specifically, bitcoin, which he says could fall to $10,000.

[DK-]

Real value : 0
Digital gold inflation hedge ❌ No.
Currency ❌ No.

[skyak]

$10k??? Why not 0? BTC failed at all functions and is now nothing more than scams and counterparts risks.
$20k is a gift! Take it, get out and never look back!

[gaileickhoff]

Investors should avoid picking stocks unless they are actually willing to research the company. If you listen to these YouTube guys and chase big returns by investing in the latest hot stock, you're likely to overpay

[Chazzvc]

And BTC is now 18.7k, Can't wait to buy a couple hundred shares of Mara for pennies on the dollar just as a collectors item

[genek]

Buy NIO today! NIO is going to manufacture a $24K EV in the US and create tens of thousands of jobs for Americans. SEMPER FI

[charlieeadweard]

Always good to hear your thoughtful and logical analysis. That small rally was a set up!! we are entering a crab market. As traders we can still make good money 😀. Trade a small percentage of your portfolio👌 trading went smooth for me implementing Bobby Lucas's daily trading signals and tips. I am already growing my 2 btc to 8.5 btc from April till date.

[frikkievarkpiel]

Bitcoin will drop to $8 - $10k like where it was 3 years ago.

[GenXstacker]

That's interesting because back in March he was bullish on bitcoin and said it would outperform gold 😂

[ricath]

if it goes down to 1 dollar, i will buy 1 as a collectible token :)

[annelove]

The wisest thing that be on everyone’s mind currently is investing in different streams of income that doesn’t depend on the govt. especially with the current economic crisis around the world. This is still a good time to invest in Gold, silver and digital currencies(BTC, ETH….)❤️❤️

[Dwightchang]

60k in July ? ok he doesn't follow it at to 30k in May ..stayed there for months until late October

[ichrisone]

Lol. I thought so too. How wrong we were.

[WiseOwl_]

This is hate speech... 10k btc.... How dare you

[artyberkhoff]

Why not zero as that is what it is nothing!

[williambell]

wtf does the "bond king" know about crypto? The answer is nothing

[Emptyable]

Why do they continue to ask people that clearly don't know anything about Crypto how Bitcoin is doing?
From what I've seen the people that come on that are Bullish on Crypto back up their thesis with actual data, but the Bears are just going by their feelings.

[kenghemmy]

Wouldn’t be surprised if it go down to zero 😃

[pjoed]

"software money" pricing is pure speculation....you set the price!

[ryane]

Lol 10 k you have to be joking then the tek analysis would be best market again bad advice

[ersxchamps]

OMG. Who is this guy. Is this the only guys you can get on TV to Fud more Bitcoin. Mr. Obvious lol Great analysis.