Buffett issues farewell message on November 10: Will he reference BTC?
The CEO of Berkshire Hathaway, Warren Buffett, will issue a farewell message on November 10, which has generated significant interest in both traditional financial markets and the cryptocurrency market. Although this message is primarily directed at traditional investors, given Buffett's influence, any statement he makes about bitcoin could trigger waves in the market.
Buffett has publicly criticized cryptocurrencies several times, describing bitcoin as gambling and a rat poison, and he has stated that it is connected to many fraudulent activities. Currently, the price of bitcoin is trading near the threshold of $100,000, and market sentiment is in a state of fear, with any mention from Buffett, whether positive or negative, potentially causing sharp fluctuations in the short term.
Market analysts will monitor whether the message will refer to his long-term view on bitcoin. After all, his mentee Charlie Munger has passed away, and this farewell message may serve as a final summary of his investment philosophy. The gap between his traditional influence in finance and the new cryptocurrency finance will once again be emphasized.$BTC
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