Bitcoin’s crash to $60,000 has traders hunting for a hidden fund blowup

    https://www.coindesk.com/markets/2026/02/06/bitcoin-s-crash-to-usd60-000-has-traders-hunting-for-a-hidden-fund-blowup

    Posted by WiseChest8227

    8 Comments

    1. It will rise again but when? It might turn into an institutional bloodbath but I do not care if the corporate holders fail. I think of it as a feature.

    2. “’Our BTC price target is 0.0. That’s not just for shock factor. It’s where the math takes us,’ the strategist said, noting that Bitcoin has failed to function as a dollar hedge and instead operates as ‘a speculative instrument correlated to the Nasdaq.’”

    3. Every time Bitcoin comes down a bit, I always tell myself, damn at least I ain’t Micheal Saylor.

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