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Bitcoin Institutional Demand Can't Support $30K Valuation: Guggenheim's Minerd
Posted
January 27, 2021
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YouTube Description
as posted by the channelJan.27 -- Guggenheim Global Chief Investment Officer Scott Minerd says the investor base for Bitcoin isn't currently large enough for its price to rise to projected valuations. "The institutional demand that would support a $35K or even a $30K price is just not there," he says on "Bloomberg Markets: The Close."
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Bloomberg Markets The Close
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