{"id":42822,"date":"2021-05-20T12:13:58","date_gmt":"2021-05-20T09:13:58","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42822"},"modified":"2025-08-31T00:55:06","modified_gmt":"2025-08-30T21:55:06","slug":"bill-miller-calls-the-current-bitcoin-decline-a-trifling-matter","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bill-miller-calls-the-current-bitcoin-decline-a-trifling-matter\/","title":{"rendered":"Bill Miller calls the current Bitcoin decline a trifling matter"},"content":{"rendered":"

The renowned American investor Bill Miller, in an interview with CNBC<\/a> saw no reason for concern about the current decline<\/a> in Bitcoin’s price.<\/p>\n

\n

\u201cIf I liked something at high prices, then at lower prices I would like it even more. I don\u2019t think it’s worth commenting on normal price fluctuations of assets\u201d<\/em>, \u2014 he said.<\/p>\n<\/blockquote>\n

Miller called the current 50% decline from Bitcoin’s all-time high a trifling matter. He noted that the March 2020 drop more closely fit the term ‘historic’.<\/p>\n

ARK Investment Management founder Cathie Wood, who joined the conversation, said Bitcoin has the capacity to rise to $500,000.<\/p>\n

\n

\u201cWe are going through a phase of risk-off across all assets. The correlation, including that of Bitcoin, is moving toward one. In such times we reassess valuations, but our conviction in digital gold remains high,\u201d<\/em> she said.<\/p>\n<\/blockquote>\n

Analysts at JP Morgan forecasted<\/a> the selling of Bitcoin and a move into gold by institutional investors amid the current correction. In the long run, they see the price of the first cryptocurrency reaching $146 000<\/a>.<\/p>\n

Subscribe to ForkLog News on VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

The renowned American investor Bill Miller, in a CNBC interview, saw no reason for concern about the current decline in Bitcoin’s price.<\/p>\n","protected":false},"author":1,"featured_media":42823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1698,480,1219,1138],"class_list":["post-42822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bill-miller","tag-bitcoin-price","tag-cathie-wood","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=42822"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42822\/revisions"}],"predecessor-version":[{"id":42824,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42822\/revisions\/42824"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/42823"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=42822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=42822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=42822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}