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jbz
jbz
@jbz@indieweb.social  ·  activity timestamp 4 days ago

🧋 Bitcoin gets a zero price target in wake of Burry warning (BTC-USD:Cryptocurrency) | Seeking Alpha

「 Should Bitcoin (BTC-USD) decline to $50,000, the consequences could be catastrophic for the broader ecosystem, according to market experts. Burry warned that miners could go bankrupt while “tokenized metals futures would collapse into a black hole with no buyer,” as corporations de-risk by liquidating profitable positions. 」

https://seekingalpha.com/news/4547997-bitcoin-s-price-target-at-zero

#crypto #bitcoin #bubble

Seeking Alpha

Bitcoin gets a zero price target in wake of Burry warning (BTC-USD:Cryptocurrency)

Bitcoin outlook turns bearish as Pivotus’ Richard Farr targets BTC at $0 and Michael Burry warns of a “death spiral.” Get the risks and key levels now.
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