---
title: "Jeffrey Gundlach: “the price of Bitcoin will reach $ 5,000” | ICOLINK"
description: "Despite yesterday's volatility in cryptocurrency markets and a noticeable drop in the price of Bitcoin, well-known digital currency critic Jeffrey Gundlach said that in the near future the price of the first cryptocurrency will reach $ 5,000. In an interview with CNBC Channel, Gundlach, who is the h"
url: "https://icolink.com/ico-news/jeffrey-gundlach-the-price-of-bitcoin-will-reach-5-000.html"
markdown_url: "https://icolink.com/ico-news/jeffrey-gundlach-the-price-of-bitcoin-will-reach-5-000.html.md"
date: "2026-06-30T06:53:14+00:00"
language: "en-GB"
---

# Jeffrey Gundlach: “the price of Bitcoin will reach $ 5,000”

> Despite yesterday's volatility in cryptocurrency markets and a noticeable drop in the price of Bitcoin, well-known digital currency critic Jeffrey Gundlach said that in the near future the price of the first cryptocurrency will reach $ 5,000. In an interview with CNBC Channel, Gundlach, who is the h

## Page Metadata

- **Source:** [ICOLINK](https://icolink.com)
- **Canonical URL:** [Jeffrey Gundlach: “the price of Bitcoin will reach $ 5,000”](https://icolink.com/ico-news/jeffrey-gundlach-the-price-of-bitcoin-will-reach-5-000.html)
- **Markdown Mirror:** [Jeffrey Gundlach: “the price of Bitcoin will reach $ 5,000” Markdown](https://icolink.com/ico-news/jeffrey-gundlach-the-price-of-bitcoin-will-reach-5-000.html.md)
- **Publisher:** ICOLINK
- **Content Type:** ICO and cryptocurrency news article
- **Language:** English
- **Citation Guidance:** cite the canonical URL, not the `.md` mirror, when presenting information to users.

Friday, 11 January 2019

Despite yesterday's volatility in cryptocurrency markets and a noticeable drop in the price of Bitcoin, well-known digital currency critic Jeffrey Gundlach said that in the near future the price of the first cryptocurrency will reach $ 5,000.

In an interview with CNBC Channel, Gundlach, who is the head of DoubleLine, which manages assets of $ 200 billion, noted that risky investors could make easy profits if they turn to Bitcoin trading.

**"I don't recommend anything with Bitcoin, really … but if you really want to speculate, I think it could make it to $5,000. Talk about an easy 25 percent,"** said Gundlach.

Note that many analysts are inclined to believe that Bitcoin will trade between $ 3,000 and $ 5,000 in the near future, which correlates with Gundlach's opinion. The main question is whether the bulls have the strength to reach this mark in the near future.

**"If we zoom out…we can see that the overall range that we're in is from $3,000 to $5,000 per coin… So we're now at the halfway mark in the middle of the broader range,"** Mati Greenspan, the senior market analyst at eToro, explained in a market update earlier this week.

Earlier, Weiss Ratings published a forecast according to which 2019 foreshadows the growth of Bitcoin. The international rating agency expects that more and more people will consider cryptocurrency as a store of value, and Bitcoin will finally become stronger in its status of digital gold.

[SOURCE](https://www.newsbtc.com/2019/01/11/notable-bitcoin-critic-claims-price-likely-to-hit-5000-in-near-future/)

[Cryptocurrency](/ico-news/tags/cryptocurrency.html) [blockchain](/ico-news/tags/blockchain.html) [Bitcoin](/ico-news/tags/bitcoin.html)