CNBC Pro

Gundlach says the bitcoin chart looks pretty scary here, and he wouldn't own it

Share
VIDEO1:5101:51
Right now the chart on bitcoin looks pretty scary, says DoubleLine's Gundlach

Bitcoin isn't for Jeffrey Gundlach, but the billionaire investor said there may soon be a buying opportunity below $23,000 for those who can stomach the cryptocurrency's volatility.

More In Follow the Pros

CNBC ProMichael Burry says he's no longer betting against Tesla and that his put position was just a trade
CNBC ProMichael Burry says he's not shorting crypto, but does believe it's in a bubble
watch now
VIDEO03:21
CNBC ProThese are the sectors that investors shoudk be watchuing, strategist says