Long-term Bitcoin #HOLDers aren't worried as they've been through 73% declines before. But previous declines didn't involve anywhere near the total market cap lost during this decline, nor did they involve massive leverage. This crash is just beginning. #Bitcoin will not recover.
— Peter Schiff (@PeterSchiff) June 18, 2022
.@PeterSchiff had Celsius nailed 8 months ago pic.twitter.com/jwUbxWGRXT
— Quoth the Raven (@QTRResearch) June 18, 2022
Bitcoin is below Electrical Cost now.
The average miner is facing serious stress.
— Charles Edwards (@caprioleio) June 18, 2022
Bitcoin ✅ https://t.co/IFQo47dJvh
— Bear Market (@russian_market) June 18, 2022
History often rhymes.
Michael Saylor settled SEC accounting manipulation charges in the wake of the $MSTR collapse during the dotcom era.
Bitcoin is now under $20,000. Let’s see what happens next. pic.twitter.com/14Ybq1z1LC
— Nate Anderson (@ClarityToast) June 18, 2022