The "Doomsday Report" author started shorting Bitcoin in mid-November last year and predicted that the price of the coin would drop to $69,000 in the first half of this year

BlockBeats News, February 25th. According to the "Doomsday Report" author Citrini Research's past tweets, the institution has been short on Bitcoin since November 17th last year, while long on the Nasdaq. On February 1st this year, the Citrini Research account posted a tweet saying "Regretted closing the position too early."

Additionally, during last year's Christmas period, Citrini Research also predicted that Bitcoin's price in the first half of this year would fall to $69,000.

In previous news, the research institution Citrini Research released a report proposing the concept of a "global intellectual crisis," warning that AI may trigger "race to the bottom" in knowledge-based jobs, breaking the industry and credit chain built around white-collar productivity. This report led to a sharp drop in the US stock market on Monday.