Scott Minerd, Guggenheim Partners
Scott Mlyn | CNBC
“You can afford to be patient here. There’s more to go,” Minerd said in an interview that aired Tuesday on CNBC’s “Worldwide Exchange.”
On April 21, when bitcoin was around $55,000, Minerd said on CNBC it looked “very frothy.”
At time time, the Guggenheim global chief investment officer said bitcoin could plunge 50% in the near term to between $20,000 to $30,000.
He was right.