Watch: Bitcoin may 'relief rally' to $35k this summer; Crypto winter still far from over - Florian Grummes
(youtube.com)
Florian Grummes, managing director of Midas Touch Consulting, joins David Lin, anchor for Kitco News, to discuss the outlook for Bitcoin.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Florian Grummes on Twitter: @FlorianGrummes (https://twitter.com/FlorianGrummes)
0:00 - Bitcoin & Crypto Winter
18:00 - We are already in a recession
23:45 - How severe is this recession?
#crypto #bitcoin #inflation
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Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV)
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Florian Grummes on Twitter: @FlorianGrummes (https://twitter.com/FlorianGrummes)
0:00 - Bitcoin & Crypto Winter
18:00 - We are already in a recession
23:45 - How severe is this recession?
#crypto #bitcoin #inflation
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?r...
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today...
Live silver price and charts: http://www.kitco.com/silver-price-tod...
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscriptio...
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
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Francisco Gimeno - BC Analyst Even with a better mood, we can't even guess what crypto price, particularly BTC, will be even tomorrow. We all may think is going up then it surprises us by getting down again, for whatever reason. This expert assures us that probably for end of year we will have a BTC on $35k and that the market is not going to improve very much, impacted also by the economic shocks of a more than possible recession, global geopolitical shifts and energy issues in EU. It's a common sense opinion, but sometimes we just leave common sense when talking about volatility in prices in crypto market, dominated by whales, institutions, and even some market manipulators, we are afraid. In any case, continue to research, get informed and take care out there.