Bitcoin rebounded to almost 24,000 yesterday, the highest price in over a month. Bitcoin is up 20% in the past week. Is it time to jump back into crypto? A resounding no says TheoTrade’s Chief Market Strategist Don Kaufman.
“There has to be absolute utter despair in the marketplace before we hit a bottom,” Don says in this NTD News interview. Investors who think we’ve hit a bottom and are re-upping crypto investments will find a staggering degree of risk in the near term, says Don.
See the full segment here.