4h ago
Michael Burry says Bitcoin could fall to $50,000, cites $1B metals liquidations
On Monday, Michael Burry published a Substack note warning that Bitcoin’s slide is spilling into gold and silver, estimating up to $1 billion in metals was sold at January’s end. He said there is "no organic use case reason" for a halt and cautioned a move toward $50,000. On Tuesday, BTC briefly traded below $73,000.