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Bitcoin's price recently surged above $100,000 but has since fallen below that threshold, raising concerns among investors. Critics, including notable figures like Michael Saylor, Paul Krugman, and Warren Buffett, have voiced skepticism about the cryptocurrency's sustainability at such high levels. Some market observers warn against purchasing Bitcoin at its current inflated price, suggesting it may crash back to as low as $10,000. The volatility has led to calls for caution, with several commentators advising potential investors to refrain from buying Bitcoin at this time, citing the risks of a significant downturn.
If you’ve avoided buying bitcoin all the way up to $100K, you can’t possibly go in now. It’s too expensive and clearly going to unravel. Past performance doesn’t predict future results. — guy whose dollars are going to zero faster than bitcoin is going to $1m
When someone says to you,”Do not buy Bitcoin right now. The price has skyrocketed to $100,000, and the so-called "experts" screaming for you to jump in are nothing more than opportunistic predators.” https://t.co/Vu511AWi9f
Do not buy Bitcoin right now. Let me say that again: do *not* buy Bitcoin right now. The price has skyrocketed to $100,000, and the so-called "experts" screaming for you to jump in are nothing more than opportunistic predators, salivating at the chance to prey on your fear of…