In the shadowed corridors of our financial labyrinth, a weary sage named Alasdair Macleod once again steps forth, muttering prophecies of doom. He solemnly asserts that all who crave profitable refuge in this pitiless bear market should cast off their lingering hopes and short Bitcoin—like an unforgiving winter wind sweeping across the steppes. 🤨
“Shorting Bitcoin could be the most profitable way to play this bear market”
— Alasdair Macleod (@MacleodFinance) April 6, 2025
Unsurprisingly, this pronouncement ignited a heated uproar among the Bitcoin faithful, a stir akin to accidentally spilling one’s precious vodka ration in Siberia. Some intrepid souls have actually demanded the venerable Macleod prove his mettle by wagering his entire trove of rubles against the crypto cause. 😏
“Strongly encourage you to follow through with this suggestion with extreme size and leverage,” one spirited voice quipped, presumably sipping tea while waiting for the next spectacular implosion. 🫖
Macleod’s romance with gloom runs deep. He commenced his financial pilgrimage on the London Stock Exchange in 1970, forging a reputation for stubborn skepticism. Back in 2023, he labeled Bitcoin as “an outlet for speculation,” which in olden times might have been a droll jibe in a dingy tavern. 🍻
Peer into the future, and you’ll find another doomsayer: Mike McGlone, Bloomberg’s senior commodity strategist. He fears Bitcoin could drop like a worn-out coat, losing a zero somewhere in the blizzard of market despair. 😬
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2025-04-06 21:13