Prominent investor Scott Minerd predicts the 'real bottom' in the price of bitcoin

A Bitcoin logo seen displayed on a smartphone with stock market percentages in the background in this illustration taken April 26, 2021.
Omar Marques | SOPA Images | LightRocket | Getty Images

Prominent investor Scott Minerd told CNBC that the fall in bitcoin is not yet over and shared his forecast for where the "real bottom" in the cryptocurrency's price could be.