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962: BILLIONAIRE CEO OF $122 BILLION ASSET MANAGER PREDICTS MASSIVE BITCOIN CRASH!! Jun 19, 2022

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Billionaire "Bond King" Jeffrey Gundlach believes Bitcoin will plummet further to $10,000 per BTC despite having already fallen by about 70% from its all-time high.

In a new CNBC interview, the CEO of asset management firm DoubleLine Capital says he wouldn't be "surprised at all" if the flagship crypto asset fell by more than 50% from the current levels to around $10,000.

"The trend in crypto is clearly not positive. I mean it topped out a long time ago. Remember, I was with you in July of last year, and Bitcoin was up at like $60,000 or something. And then it dropped down to $30,000…

It managed to rally back but it looks like it is being liquidated. So I'm not bullish at $20,000 or $21,000 on Bitcoin. I wouldn't be surprised at all if it went to $10,000."

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961: ADAM BACK REITERATES $100K BITCOIN PRICE PREDICTION FOR 2022 DESPITE RECENT CRYPTO CRASH!! Jun 18, 2022

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Despite the recent crash of the crypto market, the British cryptographer and an outspoken supporter of Bitcoin – Adam Back – thinks the king cryptocurrency (BTC) could tap $100,000 by the end of 2022.

"My permabull case for BTC/USD $100k this year. plus a US physical bitcoin ETF chaser (GBTC upgrade + other) would create a nice whipsaw and probably trigger a big uncoupling and positive reflexivity into a blow off top next year. no leverage bois."

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960: BILLIONAIRE "BOND KING" WHO ACCURATELY PREDICTED RECENT CRYPTO COLLAPSE IS CALLING FOR $10K BITCOIN! Jun 17, 2022

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Doubleline Capital CEO Jeffrey Gundlach, also known as the "bond king," says he would not be surprised at all if the Bitcoin price falls to $10,000.

"We've already seen around the edges some blowups in parts of the crypto world, and that could be foreshadowing some problems," he explained.

The billionaire bond king explained that when the BTC price fell below $30K, its chart indicated that $20K "was going to happen quickly, and it did." Emphasizing that "The trend in crypto is clearly not positive," Gundlach opined:

"I'm not bullish at that $20,000 or $21,000 on bitcoin. I wouldn't be surprised at all if it went to $10,000."

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959: MICHAEL SAYLOR DEBUNKS BITCOIN MARGIN CALL RUMOR - SAYS NO LIQUIDATION EVEN IF BTC FALLS BELOW $3.5K Jun 16, 2022

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Microstrategy CEO and Bitcoin mega bull Michael Saylor debunked the rumor that his company is close to having to liquidate its BTC to meet a margin call for a Bitcoin-backed loan. The rumor intensified as the price of the king crypto (BTC) continued to plummet after the weekend sell-off.

However, Saylor tweeted Tuesday:

"When Microstrategy adopted a bitcoin strategy, it anticipated volatility and structured its balance sheet so that it could continue to hodl through adversity."

The Bitcoin price dipped below the $21K level this week. However, Microstrategy told Reuters Tuesday that it has not received a margin call, emphasizing:

"We can always contribute additional bitcoins to maintain the required loan-to-value ratio."

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958: BITCOIN, ETHEREUM AND ENTIRE CRYPTO MARKET ON BRINK OF EPIC COLLAPSE WARNS EX-BITMEX CEO!! Jun 15, 2022

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A closely followed crypto capitalist is issuing a warning that Bitcoin (BTC) and Ethereum (ETH) are on the verge of another massive sell-off event despite being down big from their all-time highs.

Former BitMEX CEO Arthur Hayes says that he's keeping a close watch on on-chain data using decentralized finance (DeFi) analytics platform Parsec.

If these levels break, $20,000 BTC and 1,000 ETH, we can expect massive sell pressure in the spot markets as dealers hedge themselves. We can also expect that there will be some over-the-counter dealers and that will be unable to hedge properly and might go belly up."

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957: TRADER WHO NAILED EPIC BITCOIN 2018 COLLAPSE SAYS EXTREME BTC CORRECTION LOOMING - HERE'S HIS TARGET Jun 14, 2022

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The veteran crypto trader who accurately called the Bitcoin 2018 meltdown is issuing a fresh warning that a severe correction could be looming for the king cryptocurrency (BTC).

Seasoned market analyst Peter Brandt tells his 651,800 Twitter followers Bitcoin must recover its May 31st high of around $32,000 to avoid the risk of a massive capitulation event, sending Bitcoin to a low of $12,700.

"Unless Bitcoin (BTC) can close above the May 31st high, this chart could become a textbook example of the famed 'Drano' chart pattern."

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956: PETER SCHIFF PREDICTS MASSIVE BITCOIN CRASH AS RECESSION DEEPENS - WARNS DON'T BUY THIS DIP!! Jun 13, 2022

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Economist and gold bug Peter Schiff has made some dire predictions about crypto, particularly Bitcoin and Ethereum. He explained that "The need to sell Bitcoin to pay the bills will only get worse as the recession deepens," adding that the king cryptocurrency (BTC) is poised to crash to $20K while Ether will sink to $1K.

"With Bitcoin dropping below key support at $25K and Ethereum below 1300, the combined market cap of nearly 20K cryptos has broken below $1 trillion, from a record-high of $3 trillion. That's $2 trillion down, $1 trillion left to go. The last trillion will be the most painful."

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955: NEXT CRYPTO BULL CYCLE WILL START Q4 OF 2022 PREDICTS BITCOIN BILLIONAIRE MIKE NOVOGRATZ OF GALAXY DIGITAL!! Jun 12, 2022

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Mike Novogratz, the CEO of the crypto investment company Galaxy Digital, has recently predicted that the next bull cycle of Bitcoin (BTC), the largest cryptocurrency by market cap, could start in the fourth quarter of 2022.

Novogratz shared this opinion at the Consensus 2022 conference in Austin, Texas. According to the billionaire investor, Bitcoin is not going to trade well until the Federal Reserve takes a break.

"My hope is that by the fourth quarter, the economy will be slowing enough that the Fed says we are going to pause, and then you will see the next crypto cycle start. Then Bitcoin will break from equities and lead markets… Rates are going to 5% in the U.S. I hope crypto can decouple."

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954: BITCOIN WILL EXPLODE BY OVER 700%, ACCORDING TO CEO OF $80,000,000,000 ASSET MANAGER!! Jun 11, 2022

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The CEO of global investment manager VanEck, Jan van Eck, is reportedly expressing optimism that the Bitcoin price will rise to stratospheric heights.

The VanEck CEO says that Bitcoin could rally by around 732% from current levels to reach $250,000 per coin, according to a report by business publication Barron's.

"Investors see it as a complement to gold. That's the short version. Bitcoin has limited supply; the supply is visible. And it's very hard, almost impossible, to change that. Bitcoin will go to half the market cap of gold, or $250,000 a Bitcoin, but that could take decades. It's hard to put a timeframe on it."

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953: MICHAEL SAYLOR BETS ON $1 MILLION BITCOIN AND SAYS SKEPTICS ARE WRONG, IT'S NOT GOING TO ZERO!! Jun 10, 2022

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Unapologetically bullish Bitcoin bull and MicroStrategy CEO Michael Saylor, whose own comments to mainstream media firmly brushed aside any suggestion of permanent price downside, says the king crypto (Bitcoin) is going to a million dollars per coin.

Those who claimed that Bitcoin would be banned or go to zero, he told CNBC on June 8, had already been "discredited."

"If the deniers are wrong and the skeptics are wrong — and it's pretty obvious they're both wrong at this point — it's not going to zero, and if it's not going to zero, it's going to a million," Saylor forecast.

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