$BTC According to Michael Burry, the investor who predicted the 2008 US housing market crash, further decline in Bitcoin could lead to mass sell-offs and a "death spiral" that will be difficult to escape.
Experts believe that a Bitcoin crash could impact the entire economy. For example, the younger generation, which often holds a large portion of their wealth in cryptocurrency, may lose faith in financial markets. Pension assets for generations Y and Z could also decrease, as they tend to have a higher concentration of wealth in cryptocurrencies.
Additionally, a Bitcoin crash could change th