Dec.22 — Michael Novogratz, the former Goldman Sachs Group Inc. and Fortress Investment Group LLC macro trader, is putting aside his plan for a cryptocurrency hedge fund and predicts that Bitcoin will plunge to $8,000. Bloomberg’s Erik Schatzker reports on “Bloomberg Markets.” source
Day: December 22, 2017
Bitcoin Has History of 30% Drops, Says Brian Battle
Dec.22 — In today’s “Futures in Focus,” Brian Battle, director of trading at Performance Trust Capital Partners, and Bloomberg’s Vonnie Quinn examine bitcoin’s price plunge and oil market expectations for 2018. They speak on “Bloomberg Markets.” source
Bitcoin’s Pullback Is ‘Very Healthy,’ Says Tom Lee
Dec.22 — Bitcoin is the ‘smallest, least-held Bubble’ seen by Tom Lee, head of research at Fundstrat Global Advisors, as he discusses Bitcoin’s plunging value over the past few days. He speaks with Bloomberg’s Jonathan Ferro on “Bloomberg Daybreak: Americas.” source