{"id":55770,"date":"2022-01-12T16:22:13","date_gmt":"2022-01-12T14:22:13","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=55770"},"modified":"2025-09-04T03:15:56","modified_gmt":"2025-09-04T00:15:56","slug":"bond-king-jeffrey-gundlach-urges-waiting-for-bitcoin-to-fall-to-25000-on-fed-policy","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/bond-king-jeffrey-gundlach-urges-waiting-for-bitcoin-to-fall-to-25000-on-fed-policy\/","title":{"rendered":"\u2018Bond King\u2019 Jeffrey Gundlach Urges Waiting for Bitcoin to Fall to $25,000 on Fed Policy"},"content":{"rendered":"<p>The head of DoubleLine Capital, Jeffrey Gundlach, said Bitcoin is too expensive in light of the <span data-descr=\"U.S. Federal Reserve\" class=\"old_tooltip\">Fed<\/span>&#8216;s forthcoming tightening of monetary policy and suggested waiting for its price to fall to $25,000 before buying.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cBitcoin is currently suitable for speculators. It will remain volatile as market participants dump it. I wouldn\u2019t rush to buy it. The valuation is high. I like buying cheap things. Perhaps $25,000 will be a good level to open a long position.\u201d<\/em>, \u2014 said the billionaire.<\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" width=\"964\" height=\"542\" src=\"https:\/\/www.youtube.com\/embed\/FyBX2DXFas8\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen=\"\"><\/iframe><\/p>\n<p>In the interview Gundlach also touched on non-fungible tokens.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>The story with <a href=\"https:\/\/u1f987.com\/en\/news\/what-are-nfts\"><em>NFT<\/em><\/a> has moved from \u201cI don&#8217;t know what it is\u201d to \u201cThis is worth $70 million.\u201d This is for those who take large doses of steroids<\/em>, \u2014 he explained.<\/p>\n<\/blockquote>\n<p>Gundlach&#8217;s scepticism about market prospects is tied to <a href=\"https:\/\/u1f987.com\/en\/news\/fed-signals-three-rate-hikes-in-2022-amid-inflation-risks\">hawkish signals from the Fed<\/a>. He warned of a high probability of a U.S. recession in the second half of 2022 after four rate hikes.<\/p>\n<p>The CEO of DoubleLine Capital drew attention to the relationship between the trajectory of the U.S. stock market and the Fed&#8217;s balance sheet. In his view, against the backdrop of extreme valuations this \u201cshould worry investors\u201d because of the Fed&#8217;s <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-slips-below-43000-as-fed-minutes-are-released\">plans to shrink the size of its asset purchases<\/a>.<\/p>\n<p>Earlier, economist Alex Kruger <a href=\"https:\/\/u1f987.com\/en\/news\/economist-predicts-bitcoin-could-fall-below-40000-amid-high-inflation\">predicted<\/a> Bitcoin could fall below $40,000 in an inflationary environment.<\/p>\n<p>Earlier, IMF <span data-descr=\"IMF\" class=\"old_tooltip\">IMF<\/span> <a href=\"https:\/\/u1f987.com\/en\/news\/imf-warns-of-contagion-risks-to-stock-and-bitcoin-markets\">drew attention<\/a> to the growing correlation between Bitcoin and the S&#038;P 500 index.<\/p>\n<p> Subscribe to ForkLog on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener\"> YouTube<\/a>! <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The head of DoubleLine Capital, Jeffrey Gundlach, said Bitcoin is too expensive in light of the Fed&#8217;s forthcoming tightening of monetary policy and suggested waiting for its price to fall to $25,000 before buying.<\/p>\n","protected":false},"author":1,"featured_media":55771,"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":[480,2218,1138],"class_list":["post-55770","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-jeffrey-gundlach","tag-opinions"],"aioseo_notices":[],"amp_enabled":true,"views":"24","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/55770","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=55770"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/55770\/revisions"}],"predecessor-version":[{"id":55772,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/55770\/revisions\/55772"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/55771"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=55770"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=55770"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=55770"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}