Could this Monday be a new Black Monday for stocks
Prominent trader James Wynn has warned about a potentially massive stock market crash this coming Monday that might go down in history as a “Black Monday.” His warning carries added weight amid Bitcoin’s recent drop below $90,000.
Source X
Despite the gravity of his forecast, it is important to note that Wynn previously suffered heavy losses exceeding $100 million on futures trading, leading to some market skepticism toward his warnings. Still, the possibility of significant asset price swings adds to investor risk concerns.
The market’s developments in the next days will be closely watched as investors weigh these predictions alongside other expert analyses on capital preservation.
