Binance Square

michaelburryviews

11 views
2 Discussing
Bonfish
·
--
Michael Burry Warns Bitcoin Decline ...Michael Burry, famed for his "Big Short" prediction, cautions investors that the deepening Bitcoin bear market may catalyze a $1 billion liquidation event in gold and silver as a result of crypto-driven correlations. He underlines that Bitcoin is failing as a safe haven and its price decline threatens companies holding large BTC treasuries, particularly highlighting Michael Saylor's firm with substantial unrealized losses. Burry emphasizes that without organic use case support or positive reactions to geopolitical risks, Bitcoin's downward trend could continue, pressuring institutional holders and fueling negative sentiment further.$BTC #MichaelBurryViews

Michael Burry Warns Bitcoin Decline ...

Michael Burry, famed for his "Big Short" prediction, cautions investors that the deepening Bitcoin bear market may catalyze a $1 billion liquidation event in gold and silver as a result of crypto-driven correlations. He underlines that Bitcoin is failing as a safe haven and its price decline threatens companies holding large BTC treasuries, particularly highlighting Michael Saylor's firm with substantial unrealized losses. Burry emphasizes that without organic use case support or positive reactions to geopolitical risks, Bitcoin's downward trend could continue, pressuring institutional holders and fueling negative sentiment further.$BTC #MichaelBurryViews
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number