In December 2024, Pakistani crypto influencer Waqar Zaka issued a stark caution: Bitcoin might crash, and not everyone will get rich from crypto. He urged investors to avoid blindly investing life savings and to act based on market analysis, not hype.SAMAA TV
What Actually Happened
By February 2025, Bitcoin plunged below $80,000—a near 25% drop from its December high of approximately $110,000. The broader crypto market also suffered dramatically, wiping out around $1 trillion in value and sparking fear of a prolonged downturn