David Tice Turns Bearish On Bitcoin And Big Tech: It's Very Dangerous To Hold Today

Benzinga2021-07-20

What Happened:Fund manager David Tice is bearish on the current outlook for both equity markets and crypto. In an interview withCNBC, Tice cautioned investors to be wary of their Bitcoin holdings, ...

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Comments

LimYH
2021-07-20
LimYH
Should sell?
deal2deal
2021-07-20
deal2deal
yea
jsnqk
2021-07-20
jsnqk
Ok
- Heidit:
  Ok
- deal2deal:
  yup
diggydog
2021-07-20
diggydog
Nice read
Cedric77
2021-07-20
Cedric77
Lol...this fund managers post negative article and they are the first to buy! Crypto r here to stay and moving forward as we progress toward our future! It equivalent to a commodity of today.
- LimYH:
  Yeah
Neo81
2021-07-20
Neo81
Ok
- mizseah:
  Good news . Like and comment please
- El_Nino:
  Like n comment pls

Leave a comment

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I think it’s very dangerous to hold today.”\nTice isn’t convinced that equity markets will hold up either and stated that he thinks a “market meltdown is unavoidable.”\nIn his view, Big Tech stocks like Facebook Inc ,Apple Inc ,Amazon.com Inc,Netflix Inc, and Alphabet Inc are overvalued.\n“A lot of money has been thrown at Alphabet and Microsoft, Apple and Facebook, Twitter, etc.,” he said. “Costs are going up in that sector.”\nWhy It Matters:Tice is not the only fund manager to present his bearish outlook on crypto markets this month.\nLast week, famous gold bull Jeffrey Gundlach toldCNBCthat the Bitcoin chart “looks pretty scary here.”\nHowever, Gundlach noted that a buying opportunity under $23,000 could present itself to those who weren’t phased by the cryptocurrency’s extreme volatility.\nPrice Action:At press time, Bitcoin was trading at $31,300, down 1.42% over the past 24-hours.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":171488251,"gmtCreate":1626756429473,"gmtModify":1703764618641,"author":{"id":"3586223575744434","authorId":"3586223575744434","name":"LimYH","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Should sell?","listText":"Should sell?","text":"Should sell?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171488251","repostId":1118132702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":171530943,"gmtCreate":1626749358882,"gmtModify":1703764442500,"author":{"id":"3581585579569862","authorId":"3581585579569862","name":"deal2deal","avatar":"https://community-static.tradeup.com/news/607f6298ac9b66df9d46f0b9ab487f4b","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"yea","listText":"yea","text":"yea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171530943","repostId":1118132702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":171590885,"gmtCreate":1626748884547,"gmtModify":1703764429201,"author":{"id":"4088852488375990","authorId":"4088852488375990","name":"jsnqk","avatar":"https://static.tigerbbs.com/e37e5c7a4f68aface2bd6e4b4b0f2fd9","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/171590885","repostId":1118132702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5268636,"gmtCreate":1626749103098,"gmtModify":1663231190625,"authorId":3585567341976837,"author":{"id":3585567341976837,"authorId":3585567341976837,"name":"Heidit","avatar":"https://static.tigerbbs.com/b15a14bcb1e7c71684448d84f3e500e7","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171590885,"type":1,"supId":0,"prevId":0,"content":"Ok ","text":"Ok ","html":"Ok "},{"id":5268687,"gmtCreate":1626749374127,"gmtModify":1663231190451,"authorId":3581585579569862,"author":{"id":3581585579569862,"authorId":3581585579569862,"name":"deal2deal","avatar":"https://community-static.tradeup.com/news/607f6298ac9b66df9d46f0b9ab487f4b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171590885,"type":1,"supId":0,"prevId":0,"content":"yup","text":"yup","html":"yup"}],"langContent":"EN"},{"id":171244393,"gmtCreate":1626747948512,"gmtModify":1703764398464,"author":{"id":"3575091423649914","authorId":"3575091423649914","name":"diggydog","avatar":"https://community-static.tradeup.com/news/476e481044aa54d1d955e8bc4b856dd4","vip":1,"crmLevel":7,"crmLevelSwitch":0},"htmlText":"Nice read","listText":"Nice read","text":"Nice read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/171244393","repostId":1118132702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":171248773,"gmtCreate":1626747816792,"gmtModify":1703764394341,"author":{"id":"3575196385895354","authorId":"3575196385895354","name":"Cedric77","avatar":"https://static.tigerbbs.com/e5ee082b05004f20d3486afedee30814","vip":1,"crmLevel":4,"crmLevelSwitch":1},"htmlText":"Lol...this fund managers post negative article and they are the first to buy! Crypto r here to stay and moving forward as we progress toward our future! It equivalent to a commodity of today.","listText":"Lol...this fund managers post negative article and they are the first to buy! Crypto r here to stay and moving forward as we progress toward our future! It equivalent to a commodity of today.","text":"Lol...this fund managers post negative article and they are the first to buy! Crypto r here to stay and moving forward as we progress toward our future! It equivalent to a commodity of today.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/171248773","repostId":1118132702,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5269740,"gmtCreate":1626756417759,"gmtModify":1663231201245,"authorId":3586223575744434,"author":{"id":3586223575744434,"authorId":3586223575744434,"name":"LimYH","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171248773,"type":1,"supId":0,"prevId":0,"content":"<u>Yeah</u>","text":"<u>Yeah</u>","html":"<u>Yeah</u>"}],"langContent":"EN"},{"id":171222268,"gmtCreate":1626747025954,"gmtModify":1703764370064,"author":{"id":"3574917771676685","authorId":"3574917771676685","name":"Neo81","avatar":"https://community-static.tradeup.com/news/6f58d3034b01234ff8e0b517f45f9f2a","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/171222268","repostId":1118132702,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5268282,"gmtCreate":1626747277853,"gmtModify":1663231191235,"authorId":3573873419404517,"author":{"id":3573873419404517,"authorId":3573873419404517,"name":"mizseah","avatar":"https://static.tigerbbs.com/ac4cc904a19ed963f6dceca76fd16300","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171222268,"type":1,"supId":0,"prevId":0,"content":"Good news . Like and comment <u>please</u>","text":"Good news . Like and comment <u>please</u>","html":"Good news . Like and comment <u>please</u>"},{"id":5268680,"gmtCreate":1626749348669,"gmtModify":1663231191027,"authorId":3579591519090572,"author":{"id":3579591519090572,"authorId":3579591519090572,"name":"El_Nino","avatar":"https://static.tigerbbs.com/6b1b731af69caf76640812930188d9d2","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":171222268,"type":1,"supId":0,"prevId":0,"content":"Like n comment pls","text":"Like n comment pls","html":"Like n comment pls"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":223,"commentSize":25,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1118132702"}