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Was the prediction of “Dr. Doom” rubini that warned of “Bitcoin crash on the 15th?

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– On the 15th (New York Time, USA), the price of Bitcoin is showing a decline. ‘Dr. Doom’ is the day when Professor Nouriel Rubini of New York University professed that “a bubble will burst”. Investors’ debate is in full swing, whether it is a ‘precursor of a crash’ or whether it is a ‘always sharp rise.’

According to CoinMarketCap, a cryptocurrency market analysis site, the bitcoin (BTC) price as of 10 a.m. (12 p.m. on the 16th Korean time) on the same day showed a sharp decline of 7% or more, moving around the $36,200 range. Since then, the bitcoin price has dropped by 2.42% as of 6:30 pm Korean time, making up for the sharp drop in the morning.

Compared to the 6.6% rise the previous day, it looks like they are going to and from the hot and cold bath in one day. Looking at the bitcoin market price on this day, it can be said that Professor Rubini’s prediction was correct to some extent. On the 7th, Prof. Rubini predicted on social media that “January 15th is approaching. On this day, the bitcoin bubble will burst.” Prof. Rubini shared a Bloomberg article that “warns the manipulation of the bitcoin market” as bitcoin prices surged on the 14th (US time, 15th in Korean time) the day before. Bloomberg analyzed that “Bitcoin is probably a bubble created by the retail craze and some institutions and funds.”

However, there are many claims that it is difficult to put a meaning on this level of price fluctuation as Bitcoin is so sharply fluctuating. In fact, in the cryptocurrency market, the future value of bitcoin, which is soaring along with stock real estate, is in the midst of controversy.

Peter Brant, a renowned market analyst and investor, recently tweeted that “it is too late to invest in cryptocurrency at this point. The train has already left the station.” He continued, “Look at the prospect and start investing,” he said, saying that when he started investing in bitcoin, the value was ‘0 dollars’.

On the other hand, there are still many investors who are still optimistic about the future of Bitcoin.

Bill Miller, the founder and chief investment officer of’Billionaire Hedge Fund’, Miller Value Partners recently told CNBC, “In the next 12 or 18 months, I think Bitcoin will go up 50-100% more than it is now.” Coins are much more likely to rise.”

[전종헌 매경닷컴 기자 [email protected]/ 한하림 매경닷컴 인턴기자]
[ⓒ 매일경제 & mk.co.kr, 무단전재 및 재배포 금지]


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