UBS's Art Cashin explains why he's keeping his eye on bitcoin

UBS's Art Cashin explains why he's keeping his eye on bitcoin




Art Cashin, UBS director of floor operations, joins CNBC’s ‘Squawk on the Street’ to discuss crypto, markets, and more on the first …

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11 Comments

  1. MARKET MAKERS & BIG INSTITUTIONS!!!!
    We all see market is down. Now they create panic news so Retail/Sheeps will sell & brainless go Short while they're BUYING = FULL BELLY = VERY SOON GOOD NEWS WILL BE ALL OVER US. LOL

  2. I was thinking that perhaps the general public might run to Bitcoin if it starts to rise sharply while stocks are in a bear market… HOWEVER with high cost of living and risk of future stability I am not sure the general public has the taste for risk right now but I have no idea. If I was a fortune tells I would not be spending my time watching financial videos lol.

  3. < first got into BTC back in 2016 and have been hodling/buying sats at different price points since. I've been through corrections before and will likely experience more over the future. Volatility is simply the price one needs to pay if they want to play. I don't have any Alts as I'm a bit of a BTC Maxi, but that said, if BTC hasn't died before, it surely won't do so now. Stick in there – yes we are all feeling the pain, but over the long run this will just be a blip. This is how I see past corrections when I felt that I got in at a high (back then I think it was less than $1000 and bouncing all over the place!). Now when I look back, all I see is regret for not having the courage in buying more at those times. But if you believe BTC has value, then by all means, buy these dips if you can afford to. For those who got in at 60 or 70K and feeling the crunch: hang in there. BTC is not a get rich quick scheme. Wait it out and you will see: you will come away stronger. I buy and just trade long term more than ever, I have made over 11` btc with 3.1btc in just 5weeks from day trading with Expert MR PAUL CHARLTON Crypto in few weeks this is one of the best medium to backup your assets incase it goes bearish. Technical analysis is my second languageYou can reach MR PAUL on ͲeIєɠɾαm @ CHARLTONTRADING Cheers thank me later

  4. Nothing is free in life.
    The US FED will keep on raising interest rates to the point the economy reaches stagflation at which point it will stop the hikes. Reason is US FED wants to raise the interest as high as possible so it can get rid of the NINE TRILLION DOLLARS from its balance sheet via the domestic and foreign investors. This process will take at least a decade. All fiat currency created BUBBLES such as the stock, housing, corporations, etc will go BUST. This will be the longest RESET and RECESSION in USA history.

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