Bitcoin exposed as purely speculative asset: Man who predicted 2008 market crash

Michael Burry, who predicted the 2008 market crash, said Bitcoin falling below important price levels could lead to serious damage. Issuing a warning on Substack, Burry said Bitcoin has been exposed as a purely speculative asset. He warned if Bitcoin falls another 10%, Strategy Inc., one of the biggest corporate holders of Bitcoin, would be billions of dollars in losses.