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Guggenheim’s Minerd Says Bitcoin Will Drop to $8K. We Checked His Record

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Scott Minerd, the chief investment officer of Guggenheim Investments, hasn’t been shy over the past couple years about making predictions about the price of bitcoin (BTC).

His calls, typically made during interviews with financial media outlets including CNBC and Bloomberg, have garnered headlines thanks to his high-profile stature in traditional finance.

But a quick recap of some of his key prognostications shows just how mixed his track record has proven. (A media representative for Guggenheim didn’t immediately return a call from CoinDesk seeking comment.)

Bitcoin Is Apolitical, but Won’t Be Much Longer

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