Dennis Gartman, a market analyst and University of Akron Foundation President, is skeptical of Bitcoin despite its significant price surge this year. While Bitcoin has gained nearly 140%, outperforming gold, Gartman still favors gold as a more enduring asset. He compared the Bitcoin craze to historical bubbles and expressed concerns about the growing number of other cryptocurrencies that are undermining Bitcoin's scarcity appeal. Gartman warned of potential volatility in Bitcoin's price and emphasized gold's long history as a store of value and medium of exchange.
- Content Editor ( en.bitcoinsistemi.com )
- 2024-12-14
Prominent Market Analyst Dennis Gartman Says “I Will Not Buy Bitcoin”, Explains Why