Why Bitcoin Could Collapse Another 50%, Says Michael “Big Short” Burry

Former hedge fund manager Michael Burry made another bearish prediction for Bitcoin and traditional equities. Renowned for his short position which preceded the U.S. housing market crash, and one of the periods in recent economic history for the world, Burry believes more pain for BTC's price is ahead.

Timeline of Bitcoin

This week's price movements for bitcoin (BTC), gold, and, our wildcard, the Grayscale Bitcoin Fund. The post Gold, Stocks, and Bitcoin: Weekly Overview – July 1 appeared first on BeInCrypto.

Nayib Bukele, the president of El Salvador, took to Twitter to report that his country had bought a further 80 bitcoins at an average of $19,000 each.  When all is carnage in the crypto markets there are very few who are keeping their heads and are looking to the future.

Bitcoin (BTC/USD) remained volatile early in the Asian session as the pair tried to sustain gains above the 20000 figure after recently trading as low as the 18603 level, stopping short of testing the 17787.51 area that represents the 50% retracement of the appreciating range from 3858 to 31717.02.  Traders then quickly lifted BTC/USD to the 20879.99 area before profit-taking saw the pair moderate.

Bitcoin (BTC) created its first higher low since June 18, but has yet to break out from a horizontal and diagonal resistance level. The post Bitcoin (BTC) Reaches First Ever Close Below 50-Month Moving Average (MA) appeared first on BeInCrypto.

Crypto expert Justin Bennett cautions that two virtual currencies are under tremendous stress as markets continue to fall. Beginning with Bitcoin (BTC), expert believes that the mainstream cryptocurrency will continue to decline. As per Bennett, the S&P 500 stock market index has still not reached the bearish market but may drop even more if a …

Bitcoin and many other leading digital currencies all appear to have calmed down in recent days. The assets went through a steady series of dips that ultimately saw most of 2021's gains vanish into thin air, but at press time, these currencies and many like them have seemingly managed to retain at least some of.

The leading cryptocurrency in the world, Bitcoin (BTC), saw its worst quarter-over-quarter drop in 11 years. According to data from CoinGecko, BTC has lost over 57.43% in the second quarter of 2022.

The BTC Short ETF is the second biggest ETF in the US as ProShares now controls the two biggest ETFs in the country so let's read more today in our latest BTC news. As the BTC price tanks below 2017's highs, the latest ETF to hit the market was the Proshares short BTC ETF which

Bitcoin's price could close the worst quarter in its last decade and sits below $20,000 as we can see more today in our latest Bitcoin news today. With bitcoin continuing to experience adverse price movements and drop below $20,000 for the second time, the asset is on the edge of registering the worst-performing quarter in

Bitcoin has dropped roughly 6.1% to $18,866.77 at 2004 GMT on Thursday, putting the biggest and best-known cryptocurrency down to $1,226.41 from its previous close and 60.9% down from the year's high of $48,234 on March 28. With several big players in the cryptocurrency markets having difficulties, the further declines could force other crypto investors...