‘Bond King’ Jeffery Gundlach, founder of DoubleLine Capital LP, an investment firm with $200 Billion USD under management, gave his 2019 annual outlook on stocks and Bitcoin.
Gundlach, who called the 2018 sell-off in December 2018, says Bitcoin could bounce back. ” I don’t recommend anything with Bitcoin, but if you really want to speculate, I think it could make it to, $5000 USD. Talk about an easy 25%.” said Gundlach.
Gundlach told the listeners on his annual podcast, that they should “get the heck out of Bitcoin.”