Jan 3, 2024

As part of CoinDesk's "Markets Daily" podcast, Tactive wealth advisor Eddy Gifford shares his price outlook for bitcoin (BTC) as the spot bitcoin ETF race heats up in the U.S. "We could see another 10 to 15 percent correction," Gifford said.

Video transcript

I think we don't get the approval. We see a little bit of a sell off. I mean, we're sitting at 42 and change right now, we could see another 10 to 15% correction. So we could go and touch like the 3735 space in that scenario. But the funny thing is, I don't think it's that much different if we get the approval. I just think that the uh buy the dip opportunity is gonna be a AAA more recent opportunity if we get the approval and we have a sell off. Uh But either way I think that we're, we're, we're gonna breathe a little bit after the approval for sure.

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