Michael Burry's Crypto Crash Prediction | Crypto

Michael Burry’s Crypto Crash Prediction

– Michael Burry, who accurately predicted the 2008 housing market crash, is now warning traders of an impending crash in the stock market
– Burry has sold all of his stocks, and has Tweeted an S&P 500 chart depicting a drop of 18% from December 2021 heights
– Burry warns that the problem with cryptocurrency is the careless borrowing used to fund some currencies, and that a price crisis could trigger a massive collapse
– Another analyst, Jeremy Grantham, believes that the latest stock market rally is nothing but a bear market rally, and that the increasing asset price and Federal Reserve’s financial measures will pave the way for another biggest market correction

Michael Burry's Crypto Crash Prediction

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