Jim Bianco of Bianco Research anticipates billions of dollars to flow into the crypto market but warns it won’t happen overnight. He sees Bitcoin dropping to the low of $30,000s before the next rally takes off.
To get Bianco’s Bitcoin outlook for this year, watch the full interview with Jeremy Szafron here – https://youtu.be/36I9qXC89gA
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Break down the crypto world for us particularly what it means for institutional and Retail investors having these ETFs approved do you think these inflows have made sense uh where are we here in 2024 uh I think that the inflows have made sense I mean there is going to be
For normies and for everybody else probably billions of dollars that’s going to flow into cryptocurrencies uh but I just don’t think it’s going to come as quickly as they think it’s going to come so on a correction I could see it going down you know into the low 30s maybe the high
20,000 before it finds some kind of a support and then you know a base and then it starts to uh take off again so buy the dip is that what you’re saying yes yes but buy the dip with a with a little bit longer time frame than you
Know the next 24 hours a week
9 Comments
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