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“The Only Winning Move Is Not to Play”: Michael Burry’s Warning Shakes Crypto Twitter


by Abdulkarim Abdulwahab
for CoinEdition
“The Only Winning Move Is Not to Play”: Michael Burry’s Warning Shakes Crypto Twitter

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  • Michael Burry posted his first X message since 2023, warning of a financial market bubble
  • His warning coincides with a crypto market decline and $488M in Bitcoin ETF outflows Thursday
  • Burry’s bearish words contrast his firm’s recent $522M rotation into bullish call options

Michael Burry, the investor who foresaw the 2008 housing collapse, resurfaced on X today, posting his first message since April 2023. Known for his role in The Big Short, Burry warned that financial markets are once again in a bubble, adding that “the only winning move is not to play.”

The post, referencing the 1983 film WarGames, carried a tone of restraint rather than panic. Burry suggested that although markets appear overextended, sitting out may be the most rational decision.

Posting under the name “Cassandra Unchained,” Burry drew inspiration from Greek mythology — Cassandra,…

Read The Full Article “The Only Winning Move Is Not to Play”: Michael Burry’s Warning Shakes Crypto Twitter On Coin Edition.

Read the article at CoinEdition

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“The Only Winning Move Is Not to Play”: Michael Burry’s Warning Shakes Crypto Twitter


by Abdulkarim Abdulwahab
for CoinEdition
“The Only Winning Move Is Not to Play”: Michael Burry’s Warning Shakes Crypto Twitter

Share:

  • Michael Burry posted his first X message since 2023, warning of a financial market bubble
  • His warning coincides with a crypto market decline and $488M in Bitcoin ETF outflows Thursday
  • Burry’s bearish words contrast his firm’s recent $522M rotation into bullish call options

Michael Burry, the investor who foresaw the 2008 housing collapse, resurfaced on X today, posting his first message since April 2023. Known for his role in The Big Short, Burry warned that financial markets are once again in a bubble, adding that “the only winning move is not to play.”

The post, referencing the 1983 film WarGames, carried a tone of restraint rather than panic. Burry suggested that although markets appear overextended, sitting out may be the most rational decision.

Posting under the name “Cassandra Unchained,” Burry drew inspiration from Greek mythology — Cassandra,…

Read The Full Article “The Only Winning Move Is Not to Play”: Michael Burry’s Warning Shakes Crypto Twitter On Coin Edition.

Read the article at CoinEdition

In This News

Share:

In This News

Share:

Read More

Bitcoin Death Cross: Alarming Signal Points to Potential $52,820 Drop

Bitcoin Death Cross: Alarming Signal Points to Potential $52,820 Drop

BitcoinWorld Bitcoin Death Cross: Alarming Signal Points to Potential $52,820 Drop C...
Crypto treasuries facing $130 billion value reckoning as ETFs reshape market

Crypto treasuries facing $130 billion value reckoning as ETFs reshape market

Investors long paid premiums for Digital Asset Treasury firms, seeing them as practic...