Jeremy Grantham Calls Bitcoin 'Useless, Speculative', but Claims He Is Wrong

Billionaire investor Jeremy Grantham has described Bitcoin as an "useless" and "speculative" asset, a view that has resonated across the cryptocurrency market. A new article argues that Grantham’s assessment is incorrect, presenting arguments that his perspective is incomplete or flawed. The source text does not provide detailed explanations for why Grantham’s criticism is wrong; instead, it offers an alternative view on Bitcoin’s characteristics and market dynamics. Investors are encouraged to evaluate Grantham’s stance and the article’s claims through their own research. This is not investment advice.

📊 BTC — Piyasa Yorumu

▼ down · 55%

Jeremy Grantham's negative comment may lead to short-term selling pressure. However, the price being above SMA20 and SMA50 indicates that a strong trend is continuing. With the RSI at 76, there is a possibility of a short-term correction. Overall, the market is inclined towards a short-term decline, but a major reversal is not expected.

RSI 14

76.2

MACD

215.53

24h Δ

1.25%

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