BlockBeats News, December 25th: Well-known “Bankruptcy Whale” James Wynn reiterated his “extreme prophecy” this morning, stating that “Bitcoin may double in value within 60 days, reaching around $175,000, as funds may shift from stocks, real estate, and precious metals (all at historical highs) to BTC, after BTC experienced a 35% drop from $120,000.”
However, he later tempered his prediction, stating that Bitcoin “will at least retest the 50-week moving average, which implies an increase of over 10%.”
In previous news, on the 23rd, well-known “Bankruptcy Whale” James Wynn once again went long on BTC with 40x leverage.
