Canadian Billionaire Predicts Bitcoin Could Trade 'a Lot Lower' If This Happens

Frank Giustra, a prominent Canadian business mogul, mining financier, and philanthropist, has predicted that the treasury companies that borrowed money to buy Bitcoin will eventually face a financial squeeze. When they do, they will be forced to dump their massive holdings onto the market, causing a catastrophic price crash.

Source: u.today

Related symbols: BTCUSD