The major cryptocurrency Bitcoin has had an absolutely horrible start to the year. It’s a wakeup call to anyone who made major investments in crypto betting on a more lenient and light-on-regulation market during president Donald Trump’s second term. “There is no organic use case reason for Bitcoin to slow or stop its descent,” Burry wrote in his Substack post. In case the nosediving cryptocurrency were to drop below $70,000, Burry warned that the financial industry could incur heavy losses. More on Bitcoin: The Streets Are Saying Bitcoin Is Gonna Fall to $30,000