“Elon has definitely proven himself to be a visionary, and I think that cryptocurrency has come into the realm of respectability and will continue to become more and more important in the global economy”
Ironically, Minerd announced a contradictory tweet in January. He described Bitcoin as unsustainable and urged traders to sell their cryptocurrency. Consequently, Bitcoin traders described the comments as “misleading” and alleged Minerd of playing new traders to sell so Guggenheim can buy BTC at a low price.
“Bitcoin’s parabolic rise is unsustainable in the near term. Vulnerable to a setback. The target technical upside of $35,000 has been exceeded. Time to take some money off the table.” Minerd Tweeted in January.
