Shark Tank’s Herjavec Big on Bitcoin: Will Eclipse $19K This Year

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Shark Tank’s Herjavec Big on Bitcoin: Will Eclipse $19K This Year

Shark Tank' star Robert Herjavec, CEO of Herjavec Group, believes the cryptocurrency Bitcoin will more than double in price.

TheStreet's Scott Gamm speaks with Herjavec, who is also a judge on ABC's "Shark Tank" about cybersecurity and what's next for bitcoin and other cryptocurrencies.

"We're very bullish on cryptocurrencies," Herjavec told TheStreet, predicting the price will eclipse $19,000 this year. But, Herjavec cautions investors that the longer term outlook for bitcoin prices is uncertain.

"As regulations come out, prices will come way down."

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