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David Tice Turns Bearish On Bitcoin And Big Tech: It s Very Dangerous To Hold Today

David Tice Turns Bearish On Bitcoin And Big Tech: It s Very Dangerous To Hold Today In an interview with CNBC, Tice cautioned investors to be wary of their Bitcoin (CRYPTO: BTC) holdings, calling the current market dangerous. “We had a bitcoin position when bitcoin was at $10,000,” Tice said. “However, when it got to $60,000 we felt like that was long in the tooth… Lately, there’s been a lot more uproar from central bankers, Bank for International Settlements [and] the Bank of England have made profound negative statements. I think it’s very dangerous to hold today.” Tice isn’t convinced that equity markets will hold up either and stated that he thinks a “market meltdown is unavoidable.”

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In a Turbulent Day for Markets, Gold and Silver Hold Steady

In a Turbulent Day for Markets, Gold and Silver Hold Steady
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It s Very Dangerous to Invest in Stocks and Bitcoin Right Now, Long-Time Bear David Tice Warns – NBC10 Philadelphia

The market is very overpriced in terms of future earnings. We are adding debt like we ve never seen, the former Prudent Bear Fund manager told Trading Nation on Friday. We have the Treasury market acting very strange with rates falling dramatically. Tice, who s known for making bearish bets during bull markets, now advises the AdvisorShares Ranger Equity Bear ETF, which has $70 million in assets under management. The fund is up 3% over the past month, but it s off 62% over the last two years. He acknowledges it s tough to time the next major pullback, and he s often early. However, Tice is convinced a market meltdown is unavoidable.

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It s Very Dangerous to Invest in Stocks and Bitcoin Right Now, Long-Time Bear David Tice Warns – NBC New York

It s Very Dangerous to Invest in Stocks and Bitcoin Right Now, Long-Time Bear David Tice Warns – NBC New York
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It s Very Dangerous to Invest in Stocks and Bitcoin Right Now, Long-Time Bear David Tice Warns – NBC Connecticut

It s Very Dangerous to Invest in Stocks and Bitcoin Right Now, Long-Time Bear David Tice Warns – NBC Connecticut
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