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

Corporate Bitcoin buyers should brace for impact or abandon their strategy if they are unprepared for an 80% BTC price drop, Saifedean Ammous said.

Key points:

Bitcoin is approaching its bull market top, and even corporate buyers may not survive the plunge, Saifedean Ammous warned.

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

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