Bitcoin OG Garrett Jin warns war risk remains as BTC nears $83K

Bitcoin OG Garrett Jin has issued a strong warning to the market as BTC approaches $83,000, Blockbeat reported. Jin described the current U.S.-Iran ceasefire as a disguised peace, arguing that significant financial risks are accumulating beneath the surface. Despite strong earnings from Apple and AMD and Bitcoin's ongoing rally, he pointed to several signs that cracks in the credit market have already begun, including: - Banks increasing their loan loss provisions - Warren Buffett's record-high cash reserves - The bankruptcy of Spirit Airlines He advised investors to remain vigilant, suggesting that late May or the July earnings season could be a true day of reckoning for the market.