Michael Burry Warns of a Nasdaq Dot-Com Bubble: Is Bitcoin a Hedge or Casualty?

Quick Read

• Michael Burry, celebrated for predicting the 2008 lodging crash, warned successful May 2026 that today’s AI-driven Nasdaq rally mirrors the final, frenzied months of the dot-com bubble.

• Bitcoin (BTC) has spent overmuch of 2026 trading similar a high-risk tech asset, with its correlation to the Nasdaq hitting a grounds 0.96 successful April, meaning a Nasdaq selloff could resistance crypto down with it, careless of its integer golden narrative.

• The transition of the CLARITY Act done the U.S. Senate Banking Committee connected May 14, 2026 marks a turning constituent for Bitcoin, classifying BTC arsenic a integer commodity and perchance unlocking billions successful organization superior that could reshape its narration with accepted markets entirely.

• The expert who called NVIDIA successful 2010 conscionable named his apical 10 AI stocks. Get them present FREE.

The antheral who saw the 2008 lodging clang coming earlier anyone other is raising his manus again, and this time, the people is the AI-driven tech rally that has sent the Nasdaq soaring to levels not seen since the final, frenzied months of the dot-com bubble.

Michael Burry, the hedge money manager immortalized successful "The Big Short", has publically warned that the marketplace has, successful his words, "jumped the shark." For Bitcoin (CRYPTO: BTC) holders and crypto traders, his informing carries a value that goes acold beyond Wall Street, due to the fact that if he's right, nary marketplace gets to basal extracurricular this one.

The expert who called NVIDIA successful 2010 conscionable named his apical 10 stocks. Get them present FREE.

Why Michael Burry Believes The Nasdaq Resembles The Dot-Com Bubble

On May 8, 2026, Michael Burry posted a informing connected Substack that chopped consecutive to the point. He described listening to fiscal vigor connected a agelong thrust and proceeding thing but AI, crossed each segment, each headline, and each conversation. He stated determination was nary ostentation data, net discussion, oregon geopolitics, but lone AI.

For Burry, a marketplace obsessed with a azygous communicative is not a assured market. It is simply a marketplace successful its final, irrational signifier and that is precisely however the net frenzy felt successful 1999 earlier it each unraveled.

The Philadelphia Semiconductor Index—which tracks giants similar Nvidia, Broadcom, and Intel—surged implicit 10% successful a azygous week, bringing its full 2026 gains to astir 65%. That benignant of velocity is what stocks displayed successful the months conscionable earlier the Nasdaq peaked and past mislaid astir 80% of its worth successful 2000.

Also, the Shiller CAPE ratio deed 40.1, a level historically associated with precise mediocre semipermanent returns, and 1 lone seen earlier astatine the dot-com peak. Making it worse, connected that aforesaid time the S&P 500 reached an all-time high, American user sentiment dropped to a grounds low. The banal marketplace and the existent system were moving successful wholly other directions.