The real-life inspiration behind “The Big Short” warns that Bitcoin’s decline may trigger a 1 billion USD sell-off in gold and silver markets

Michael Burry, famous for his 2008 crisis prediction, cautions that Bitcoin’s current decline might Ripple through gold and silver markets, potentially resulting in significant sell-offs.

Burry emphasizes that Bitcoin dropping below 73,000 USD reveals its weak foundation, which could endanger companies’ Bitcoin holdings and lead to bankruptcies among mining firms if the price falls to 50,000 USD.