🚀Crypto world, attention! Famous investor Michael Burry dealt a $1.6 billion blow to the US stock market! 😱 So, how does this affect Bitcoin? 🤔

- Burry, who shorted mortgage-backed securities before the 2007 housing crisis, now bought $1.6 billion in put options on SPY and QQQ.

- Burry's big move shows his belief in the stock market crash.

- While there is sometimes correlation between Bitcoin and stocks, a major event like the one Burry expects will definitely impact BTC.

📉In the event of a stock market crash, investors may turn to selling Bitcoin to raise cash or go stock hunting. However, when stocks rebound, Bitcoin's value could also skyrocket. 🚀

How do you think Burry's move will affect Bitcoin and cryptocurrencies? We are waiting your comments! 💬👇