The author of the "End of Day Report" has been shorting Bitcoin since mid-November last year and once predicted that the price would drop to $69,000 in the first half of this year.
BlockBeats News, February 25, according to a previous post by "End of Day Report" author Citrini Research, the institution has been shorting bitcoin since November 17 last year, while going long on the Nasdaq. On February 1 this year, the Citrini Research account posted that they "regretted closing the position too early."
In addition, during last year's Christmas period, Citrini Research also predicted that the price of bitcoin would fall to 69,000 USD in the first half of this year.
Previously, research institution Citrini Research released a report introducing the concept of a "global intelligence crisis," warning that AI may trigger a "race to the bottom" for knowledge-based jobs, disrupting the industry and credit chains built around white-collar productivity. This report led to a sharp drop in US stocks on Monday.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Meta (META.US) AI shopping assistant Muse tests e-commerce, Amazon (AMZN.US) faces potential impact on nearly $70 billion advertising business
Meta Platforms (META.US) has launched its new AI shopping assistant, Muse, which is emerging as a potential threat to Amazon. Muse may challenge the e-commerce giant’s dominance in online shopping and its nearly 70 billion USD advertising business.
Cardano Warns of Critical Linux Flaw: Is Your ADA at Risk?
Tether gold holdings backing USDT fell by 3.4 tons in the third quarter
Crypto prices
More
