Dennis Gartman: “I Had Been Manifestly Bearish On Bitcoin, Now I’m Neutral” (Part 2)

Bitcoin has, at one point, fallen to more than 60% below its December 2017 highs and may have already reached a key support level.

Dennis Gartman, editor of the Gartman Letter, told Kitco News that the digital currency’s support level around $6,000 a coin has been “impressive,” and while he was bearish on bitcoin at higher prices, he has now shifted his stance to neutral at today’s prices.

“I was manifestly, overtly, sharply, obviously, publicly, bearish on bitcoin at $10,000, $15,000, $20,000, I thought it was nonsense,” he said, “I do think that the blockchain is brilliant, and I’m very bullish on the implications of the blockchain and its uses going forward.”

Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.

Subscribe to our channel to stay up to date on the latest insights moving the metals markets.

For more breaking news, visit

Follow us on social media:
Facebook –
Twitter –
StockTwits –

Live gold price and charts:
Live silver price and charts:

Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week:

Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors:

Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.

Related posts