Bitcoin on ‘very shaky ground’ as new BTC price top nears — Saifedean Ammous

Bitcoin on ‘very shaky ground’ as new BTC price top nears — Saifedean Ammous

Bitcoin corporate buyers should brace for impact or abandon their strategy if they are unprepared for an 80% BTC price comedown, Saifedean Ammous argues.

Key points:

Bitcoin is approaching its bull market top, and not even corporate buyers might survive the comedown, Saifedean Ammous warns.

BTC price action is still capable of an 80% drawdown, says the author of “The Bitcoin Standard.”

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