The legendary investor #MichaelBurry who gained fame for accurately predicting the 2008 mortgage crisis has published a new alarming analysis. According to him, the fall of Bitcoin could trigger a chain reaction affecting not only the cryptocurrency market but also gold, silver, corporate balances, and the collateral system.
Bury himself called the possible consequences "disgusting and nauseating" 🤢
⚠️ Why does #Bitcoin even affect gold and silver?
According to Bury, the recent drop in prices for gold and silver could have been triggered by the decline of Bitcoin. The reason is that futures contracts on metals are not backed by physical metal at 100%.
When $BTC falls, the paper collateral system breaks down, and this hits the precious metals markets.
🧨 3 most dangerous scenarios according to Bury
1️⃣ Bitcoin below $70,000 — significant losses
If the price of BTC drops below $70,000:
Company #strategy may incur losses exceeding $4 billion
Loss of access to capital markets
Other institutional holders of BTC will incur losses of 15–20%
A chain sell-off will start 📉
2️⃣ Bitcoin below $60,000 — a threat to the existence of Strategy
Strategy's business critically depends on the price of BTC
If it falls below $60,000:
mNAV approaches critical levels
Forced sale of Bitcoin may occur
Under threat — the very existence of the company
Domino effect for the entire crypto market 💥
3️⃣ Bitcoin below $50,000 — the worst scenario
Bury's darkest forecast:
Mass bankruptcies of miners
Selling all BTC to cover losses
Collapse of tokenized metals and futures
Lack of buyers → "financial black hole" 🕳️
At the same time, physical gold and silver may rise as safe-haven assets
🧾 Withdrawal
Bury warns: the fall of Bitcoin is not just a crypto problem, but a risk to the entire financial system.
If negative scenarios materialize, the market may face a massive wave of liquidations and systemic shocks.
💬 What do you think — is this a real risk or another FUD from Bury?
