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Gold bull Peter Schiff: Bitcoin will fall below the $10,000 mark



Time:8/12/2022 12:21:04 PM

[Gold bull Peter Schiff: Bitcoin will fall below the $10,000 mark] News on August 12, in a recent interview with Kitco, gold bull Peter Schiff predicted that due to forced selling, the price of Bitcoin may still fall below $10,000. $10,000. He is convinced that Bitcoin’s peak of $69,000 in November was the peak. "I don't think it's going to make new highs," Schiff predicted. Speaking of Bitcoin’s recent rally, the investor claimed that it was just a fool’s rally. The largest cryptocurrency is trading at just under $24,000 on major spot exchanges. According to Schiff, the supply of cryptocurrencies will continue to grow. In his opinion, there is little difference between Bitcoin and 20,000 other coins. (Golden Ten)

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