Gartman Letter creator and former trader Dennis Gartman has said Bitcoin will trade “below $5,000” and that it is “one of the silliest things in a long time.”
In two appearances on newly Bitcoin-bearish TV network CNBC, Gartman stressed the implausibility of the virtual currency and said he would have no contact or exposure to it.
“I'm very bearish on Bitcoin, I think it's one of the silliest ideas I've heard in a long time," he told its Futures Now segment Saturday.