03 May Crypto Community Shudders as CNBC Predicts Bullish Bitcoin Run
When it comes to covering Wall Street on television, CNBC was the one that started it all. But as far as the cryptocurrency market is concerned, the mainstream business network should probably stick to its knitting. That’s because CNBC doesn’t have such a great track record for keeping the momentum going once it tweets about the Bitcoin
BUY NOW price.
Let’s get something out of the way. CNBC’s tweeting track record is not a refection of the network’s go-to cryptocurrency investor, Brian Kelly. He runs a digital currency investment firm dubbed BKCM whose strategy is “focused on global macro and currency investing, including investing in digital currencies,” according to the website.
The halvening is coming. With only 11 out until a major bitcoin supply cut, @BKBrianKelly breaks down why there could be a big breakout ahead for the cryptocurrency. pic.twitter.com/w9bzhbjNej
— CNBC’s Fast Money (@CNBCFastMoney) May 1, 2020
Kelly was touting BTC on…