‘Big Short’ Michael Burry Warns Bitcoin May Repeat 2022 Collapse Pattern
Yahoo Finance·2026-02-06 00:47

Michael Burry, the investor who anticipated the 2008 mortgage crisis, issued a stark warning on February 5 about Bitcoin : the cryptocurrency could be replicating the 2021-2022 collapse pattern, which would imply an additional drop toward 50,000orevenlower.BurrypostedonXacomparativechartwiththesimplemessage50,000 or even lower. Burry posted on X a comparative chart with the simple message “BTC Patterns,” where he draws structural similarities between the current drop—from 126,000to126,000 to 70,000—and the previous brutal plunge that took Bitcoin from 35,000tobelow35,000 to below 20,000. ...