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

BTC

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$62,987.78

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24h Volume

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24h H/L

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Change: $228.42 (0.36%)

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Long: 68.0%Short: 32.0%

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Bitcoin

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Resistance Levels

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Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

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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