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Guggenheim Investment Boss Predicts $600,000 Bitcoin Price


Guggenheim Investment Boss Predicts $600,000 Bitcoin Price
Last Updated: 03 February 2021
Bitcoin started the year on a tear, racing past its previous all-time high and setting a new record at over twice the former. While the asset has since slowed down and is now struggling in the mid-30,000s, several experts believe that the asset’s long-term outlook is incredibly bullish.
Bitcoin Could Reach $600,000 Per Coin
Joining the optimists is Scott Minerd, the Global Chief Investment Officer at New York-based financial services and investment advisory firm Guggenheim Partners.
 Speaking in a  virtual chat session with CNN’s Julia Chatterley, Minerd explained that while Bitcoin had slowed down in the past few weeks, its long-term trajectory could see it peak over $600,000 in the coming years.  ....

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Guggenheim Partners CIO Scott Minerd Stands by $400K Bitcoin Price Prediction


Guggenheim Partners CIO Scott Minerd Stands by $400K Bitcoin Price Prediction
Jan 18 2021 · 09:22 UTC | Updated
Jan 18 2021 · 09:37
by Bhushan Akolkar · 3 min read
Photo: Shutterstock
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Recently, when Bitcoin (BTC) crossed $41,500 levels, Minerd contradicted his own bullish prediction saying that it’s time for some profit-booking. However, the Guggenheim CIO clarified that it was for the short term and added that he still remains bullish on long term.
Last week on Friday, January 15, Guggenheim Partners Chief Investment Officer Scott Minerd spoke to Bloomberg Market about the recent state of bitcoin (BTC). Minerd said that he stands by his earlier prediction that Bitcoin can touch $400,000 levels in the long term. ....

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