Jeffrey Gundlach says bitcoin ‘double-top’ chart at all-time highs looks scarier than this summer

A representations of virtual currency Bitcoin is seen in front of a stock graph in this illustration taken May 19, 2021.

Dado Ruvic | Reuters

Widely followed investor Jeffrey Gundlach told CNBC on Friday he’s concerned about bitcoin’s technical set-up after the world’s largest cryptocurrency by market value set a new record high earlier this week.

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