“Bitcoin Could Make it to 5k”. Anti-Crypto and Investment Guru Jeffrey Gundlach Says

Despite not being the most pro-bitcoin investor, Jeffrey Gundlach recently commented that Bitcoin could easily give traders and hodlers a 25% profit in the short term. Jeffrey Gundlach is a Bond-fund Manager at DoubleLine Capital LP. His success in the world of finance has earned him the nickname “Bond Guru” or even “Bond King.” His successful trading strategies and vision of the markets have allowed him to accumulate a net fortune close to 2Bn Dollars according to data from Forbes. According to CNBC, in a recent webcast, Mr. Gundlach shared his views on the financial markets, including stocks, corporate credit, and Bitcoin. Bitcoin to 5K. “Easy 25 percent.” But Stay Away if You Don’t Know It For the finance guru, Bitcoin’s near future looks good, but he emphasized not being comfortable analyzing or recommending trading in cryptocurrencies. “I don’t recommend anything with bitcoin, really … but if you really want…

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