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Nouriel Roubini's business partner sees bitcoin crashing 70% before rallying to $500,000

BTC

BTC/USDT

$79,632.00

-1.76%

$79,632.00

-1.76%

(24s)

24h Volume

$17,284,852,831.41

24h H/L

$81,423.03 / $78,660.00

Change: $2,763.03 (3.51%)

Long/Short

52.6%

Long: 52.6%Short: 47.4%

Funding Rate

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Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,603.06

▼ -0.07%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,916.17

Price$79,603.06

Support 1$78,324.21

Support 2$76,172.06

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.2

CoinDesk Staff

(06:15 PM UTC)

1 min read

Reviewed byDavid Kim

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'Dr. Doom'-backed Atlas Capital CEO says bitcoin could crash 70% before reaching $500,000

Backed by economist Nouriel Roubini, a long-time anti-bitcoin advocate, and known as 'Dr. Doom,' the Atlas CEO, Reza Bundy, shot a short-term warning for bitcoin but stayed bullish in the long-term.

Reza Bundy, chief executive of Atlas Capital and business partner of longtime bitcoin critic Nouriel Roubini…

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