Tuesday 6 December 2022

Bitcoin Bottom Is Not $13K It’s Worse Than That Now

"I don't think it is all over, the FTX crisis remains unresolved," says Clem Chambers, CEO of Online Blockchain. He tells Daniela Cambone, "Centralized exchange is a bad thing and Bitcoin has a media curse." "[Bitcoin] goes up like a rocket, and down like a rock," Chambers continues. "It still feels like we are digging a hole in the world economy, fiscal deficits all over the world are not coming down," he warns. "We are looking at a really bad road ahead in the next two to four years," Chambers predicts. "There will be continuous pressure on selling gold until the war in Ukraine subsides," he concludes. Video by Stansberry Research's Daniela Cambone.



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