Reza Bandi, head of Atlas Capital, alongside legendary crypto critic Nouriel Roubini ('Doctor Doom'), has dropped an apocalyptic forecast, promising Bitcoin a plunge of 70% down to $26,000–$30,000 in the next six months due to a harsh correction in the stock market. Retail investors are being sold classic clickbait: the authors first label BTC as a failed hedge against inflation and then sweetly promise a moonshot to $500,000 in the long term, driven by the collapse of the fiat system and the printing press.
This is typical PR fluff for the new Atlas fund, where a hype-driven bearish narrative is used solely to grab the attention of TradFi capital.
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