Crypto Perma-Bear Ridicules Rally, Warns Bitcoin Price Will ‘Collapse’

The bitcoin price is going to ” downfall” soon despite the latest rallying because cryptocurrencies are worthless. That's the opinion of Peter Mallouk, the president of Kansas investment firm Creative Planning. “What we’re going to see, most likely is, we’re going to see cryptocurrencies crumble ,” Mallouk told CNBC. The bitcoin cost mysteriously spiked on April 1 and climbed above $5,000 for the first time since November 2018. While cryptocurrency police insist this is a signal that the Crypto Winter is officially over, Mallouk implores prudence. Peter Mallouk:' It's Not a Real Asset' Mallouk, a certified financial planner, says investing in bitcoin

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